PEOPLE MOVES: Hargreaves Lansdown, Schroders PW, UBS
CEO to retire from investment firm, as advice group names chief technology officer
Industry
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Impulsive investment decisions most common client mistake
‘Excellent strategies’ fall by the wayside because customers ‘can’t stick to the plan’
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UK prime minister ‘completely committed’ to pensions triple lock
Liz Truss ‘acutely aware of the political consequences’ of alienating the older voter
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Capital accumulation still in vogue
While Baillie Gifford was the most searched company on Square Mile’s Academy of Funds
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Transact co-founder and former CEO dies
He ‘was a true innovator and a giant of the industry’
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Triple lock in doubt with inflation component set at 10.1%
Uprating state pension by earnings growth could save UK government between £4bn-£5bn
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HSBC sets up private banking hub in UAE
It will offer wealth management services to clients with investable assets of over $2m
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Goldman Sachs to merge wealth and asset management units
It reverses the decision to split the divisions just two years ago
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Kingswood secures up to £150m debt facility
Money will be used to fund current and future acquisitions
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£890m lost to investment fraud last year
39% of victims were between the ages of 20 and 39
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UK financial advice business fails
Lifeboat scheme has received five claims against the company
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Dubai fintech rolls out investment app
In a bid to help people save more towards their retirement