Ex-Skandia Jelley sets up consultancy company
Colin Jelly has returned to the industry with the launch of his own business consultancy company, Landmark Financial Solutions.
Colin Jelly has returned to the industry with the launch of his own business consultancy company, Landmark Financial Solutions.
Network chief Chris Smallwood has said that a lack of compliance support and thoroughness in the financial advice industry are leading to soaring professional indemnity (PI) insurance premiums.
The £708m cash deal has been settled as the Bank of Montreal takes ownership of F&C Asset Management.
Fewer than 10% of financial advisers have been offered a decreased Professional Indemnity Insurance (PII) premium this year, pointing towards a "hardening insurance market".
For a price tag of £550m, Aberdeen Asset Management completed the acquisition of Scottish Widows Investment Partnerships (SWIP) infrastructure fund management business from Lloyds Banking Group.
A healthy retail demand boosted assets under management at Schroders to a record high in the first quarter 2014.
Baker Tilly has sold its private client financial advice and investment management business to Towry for an undisclosed sum.
The FCA has issued a further warning over unsuitable SIPP advice after an investigation into the conduct of financial advisers found serious and ongoing failings.
Baker Tilly is facing legal action from a group of investors who feel they were wrongly sold the now suspended Brandeaux property funds.
Brooks Macdonald Asset Management has formed a “strategic alliance” with Reeves, giving its clients access to Brooks’ discretionary services.
Sales of Henderson’s SICAV range accounted for over half of its total inflows in a strong first quarter, generating more than UK OEICS and US mutual funds combined.
UK companies will have to list their “beneficial owners”, business secretary Vince Cable has said.