Brooks Macdonald profits dip 12.2% despite £1.3bn MPS inflow
Underlying profits dropped to £30.3m from £34.5m for the year to 30 June
Industry
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Should the advice market rethink the 60/40 portfolio approach?
There is a debate whether the strategy is dead
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PE-backed IFA group buys UK financial planning firm
Deal adds £62m in AuM
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Should more advisers in the UAE turn to outsourcing?
Region’s financial sector is ‘developing and evolving at a rapid pace’
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Global data provider launches Adviser Clarity
In a bid to provide ‘a critical resource for firms seeking to make inroads into the UK adviser channel’
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Advice trade body becomes carbon neutral
To empower advisers ‘to take action into their own hands and build a greener future for their clients and communities’
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Polar Capital opens office in Sweden
Operation was ‘obvious next step’ for the firm
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Deutsche Bank launches investment management arm
To give high net worth clients access to private credit opportunities
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Cost-of-living crisis is increasing ‘retirement anxiety’
A fifth of Brits are losing sleep due to worrying about retirement
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European wealth manager invests in three UK advice firms
Company says it is ‘not in the business of buying and consolidating’
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UK regulator bans duo for British Steel Pension Scheme advice failings
Advisers will pay £155,000 in compensation
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What advisers need to know about being acquired by a PE-backed firm
It is ‘critical to find a synergy’ between both companies