Abrdn invests in wealthtech platform Nucoro
After first making acquisition overtures for its subsidiary Exo Investing
United Kingdom
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STM sets aside £21.4m for ‘Carey-like’ cases
While chief financial officer steps down after eight months in the role
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IFA group buys UK financial advice firm
It is the company’s first acquisition since its MBO in July 2021
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Brexit pushed firms to ‘shift focus’ to UK wealth hot spots
Tech advancements have ‘enabled the establishment of low-cost satellite offices to support business development’
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PEOPLE MOVES: HSBC, Strabens Hall, Lombard International
Bank names global head of UHNW, while advice firm makes four hires
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Wealth manager acquires outsourcing business
As it targets 15% annual growth for the next five years
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Fraudsters put high net worths top of their hitlists
73% with assets of £3m or more admitted they had been victim to a scam
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How will the FCA Consumer Duty impact the protection market?
Regulator wants to make a ‘big change in financial culture and behaviour’
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Aviva and Vanguard make MPS push following red hot demand
46% of UK wealth managers plan on using model portfolios more extensively over the next two years
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PEOPLE MOVES: Vanguard, The Pensions Regulator, Blacktower
Investment giant names head of multi-asset solutions for Europe, as CEO at regulator demurs a second term
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Just 6% of female paraplanners want to become financial advisers
‘Misconceptions’ about the nature of the industry ‘strongly affect’ interest
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MPs call for inquiry into financial education in UK schools
Millions of children without money skills are ‘left vulnerable to economic shocks and financial scams’