NatWest is bringing all its wealth businesses under the management of the CEO of private banking Peter Flavel in order to drive a growth in assets under management.
Read more ...STM acquires Berkeley Burke SSAS business in £2.9m deal
- Friday, 14 August 2020
- Articles
STM Group has acquired Berkeley Burke (Financial Services) and Berkeley Burke Employee Benefit Consultants, which provide administration and consultancy services to SSAS and international businesses, in a deal worth up to £2.9m.
Read more ...North-eastern wealth manager acquires pension adviser
- Thursday, 13 August 2020
- Articles
North-east based wealth manager Seven Bridges has acquired pension and investments firm Pension Matters, and has said it is looking for for further acquisitions.
Read more ...Aegon UK profits rise 17% as platform rebounds
- Thursday, 13 August 2020
- Articles
Aegon’s UK profits rose to £71m for the first half of 2020, driven by higher fee income from a growth in platform assets and improved protection earnings.
Read more ...Planners expect demand for advice to grow following pandemic
- Thursday, 13 August 2020
- Articles
Financial Planners expect to see an increase in the demand for advice in the wake of the Coronavirus pandemic, as clients seek support in navigating personal challenges and economic uncertainty, according to new research.
Read more ...Investment platform assets jump in Q2
- Thursday, 13 August 2020
- Articles
The investment platform industry saw assets jump by 14% in the second quarter of 2020, recovering most of the ground lost in Q1, according to a new report.
Read more ...AHR Private Wealth appoints new CIO hot off heels of AXG deal
- Thursday, 13 August 2020
- Articles
AHR Private Wealth, the United Arab Emirates wealth manager which last month took over London-based Financial Planner AXG Group, has appointed a new global chief investment officer.
Read more ...44% of investors expect recession worse than financial crisis
- Thursday, 13 August 2020
- Articles
The majority of investors were expecting yesterday’s figures from the Office of National Statistics to mark the start of a recession and more than two in five think it will be worse than the financial crisis, according to a new survey.
Read more ...Life insurers pay £980k a day in claims at pandemic peak
- Thursday, 13 August 2020
- Articles
Insurers paid £90m over 7,000 life insurance claims to the families of people who died due to the Coronavirus pandemic between 1st March and 31st May 2020.
Read more ...DB transfers reach another record high
- Wednesday, 12 August 2020
- Articles
Defined benefit transfer values increased to another record high during July, according to a new report.
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