PEOPLE MOVES: Schroders, Novia Financial, Man Group
Asset manager names global head of wealth management, as platform makes c-suite change
Industry
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38% of Brits say lack of trust prevents them from seeking advice
‘Perception gap’ is a ‘big issue’ for the sector
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UAE savings platform raises over $1m
Funding will be used to support the firm’s expansion plans
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UK advice company rolls out succession solution for advisers
One of the ‘hardest decisions’ for IFAs is ‘knowing when to step back from the business they have built up’
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Hurst Point Group acquires London wealth firm
Deal boosts assets under management to around £5bn
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IFA firm makes triple M&A swoop
Company will now have a footprint in Northern Ireland
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EU set to backtrack on plans to ban financial product commissions
Reported u-turn will put Europe ‘even further behind the US and UK in promoting fair outcomes for investors’
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Blacktower eyes DIFC licence
It is in the final stages of receiving regulatory approval
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UK treasury issues consultation on measuring FCA success
It is looking for feedback by 4 July
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Nedgroup Investments launches in-house multi-boutique platform
To create a more ‘diverse fund management sector for the benefit of the end investor’
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SJP partner firm completes third acquisition of 2023
It hopes to finalise more deals this year
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FCA issues fresh warning over impending Consumer Duty deadline
Requirements will come into effect on 31 July