Wealth manager and stockbroker Redmayne Bentley is to acquire the client assets of failed Liverpool wealth manager and stockbroker Blankstone Sington, subject to regulatory and court approval.
Read more ...FCA to extend sustainability rule to portfolio managers
- Tuesday, 23 April 2024
- Articles
The FCA is proposing to extend its anti-greenwashing labelling rule for sustainable investments to portfolio managers.
Read more ...Jupiter reports outflows of £1.6bn
- Tuesday, 23 April 2024
- Articles
Struggling fund manager Jupiter has reported significant net outflows of £1.6bn for the first quarter of the year, th third quarter in a row it's published net outflows
Read more ...IHT receipts leap £400m to £7.5bn
- Tuesday, 23 April 2024
- Articles
New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.
Read more ...FCA defends its actions over BSPS scandal
- Tuesday, 23 April 2024
- Articles
The FCA has responded robustly to complaints about the time it took to provide redress to victims of the British Steel Pension Scheme (BSPS) scandal.
Read more ...LV= finalises shift to BlackRock as main asset manager
- Tuesday, 23 April 2024
- Articles
Investment, protection and retirement specialist LV= has completed its transition of asset management services to BlackRock from previous fund manager Columbia Threadneedle Investments.
Read more ...Ludlow Trust buys C Hoare & Co trust business
- Tuesday, 23 April 2024
- Articles
Ambitious trust company Ludlow Trust, which took over the UK trust business of Coutts and the NatWest Group in 2021, has bought C Hoare & Co’s UK trust business for an undisclosed amount.
Read more ...CISI appoints new President of Yorkshire branch
- Tuesday, 23 April 2024
- Articles
The Chartered Institute for Securities & Investment (CISI) has appointed Hannah Daniel, Chartered MCSI, as the new President of the Yorkshire committee.
Read more ...FCA chief says Big Tech is a 'priority’
- Monday, 22 April 2024
- Articles
Nikhil Rathi, FCA chief executive, said the regulator will probe Big Tech firms’ access to financial data to question how it could improve outcomes for consumers and business.
Read more ...Platforms are failing to impress FCA - analysis
- Monday, 22 April 2024
- Articles
The Consumer Duty was the main focus for adviser platforms in 2023 but not all of them impressed the FCA, according to Darren Winfield, insight consultant (wealth management) at Defaqto.
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