Wealth management giant St James’s Place (SJP) has reported gross inflows of £3.05bn for Q3 2020, a drop of 18% from Q3 2019, with funds under management up 1.5% to a record high of £118.7bn.
Read more ...SJP funds under management reach £118bn but inflows fall
- Tuesday, 27 October 2020
- Articles
Fairstone adds £150m FUM with Essex IFA deal
- Tuesday, 27 October 2020
- Articles
Fairstone, one of the UK’s largest Chartered Financial Planning firms, has acquired Essex-based Andrew Cohen Associates after integrating the business under its Downstream Buy Out model.
Read more ...PIMFA urges tighter rules on unregulated financial promotions
- Tuesday, 27 October 2020
- Articles
Wealth management and financial advice trade body PIMFA has called on the Government to tighten the rules on the promotion of unregulated financial promotions.
Read more ...deVere bites back at Farage IFA attacks
- Tuesday, 27 October 2020
- Articles
International wealth manager deVere has said Nigel Farage’s advocating a DIY approach to investing could be monumentally risky for inexperienced investors reading his newsletter.
Read more ...Only 4% would opt-out of ‘auto-enrolled’ pension guidance
- Monday, 26 October 2020
- Articles
Only 4% of pension savers would opt out of free pension guidance if they were ‘auto-enrolled.’
Read more ...FCA censures Aviva for misleading investors
- Monday, 26 October 2020
- Articles
The FCA has today publicly censured Aviva plc for making a stock market announcement that had the potential to mislead retail investors.
Read more ...Financial Planner seminar for ‘Good Money Week’
- Monday, 26 October 2020
- Articles
Wealth manager EQ Investors is to host an impact investing webinar for Financial Planners tomorrow to coincide with Good Money Week which gets under way today.
Read more ...Activist investor attacks SJP’s ‘bloated’ structure
- Monday, 26 October 2020
- Articles
Activist investment firm PrimeStone Capital LLP wants a radical shake-up of wealth manager St James’s Place after accusing the firm of having a "bloated" organisational structure and suffering dismal share price performance.
Read more ...Fidelity buys LGIM’s £5.8bn personal investing arm
- Friday, 23 October 2020
- Articles
Fidelity has acquired Legal & General Investment Management’s UK Personal Investing business which manages £5.8bn in assets for 300,000 clients.
Read more ...Mazars rebrands global business
- Friday, 23 October 2020
- Articles
Financial services company Mazars, which has a substantial UK Financial Planning arm, has launched a global rebrand.
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