UK financial planning firm launches DFM arm
In collaboration with Vanguard and Redington
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
In collaboration with Vanguard and Redington
Consumer Duty has sparked ‘confusion about who is a co-manufacturer of the investment proposition’
To assess potential offences of fraud and money laundering
FCA says they were allegedly involved in a ‘coordinated arrangement’ which led to ‘customers suffering financially’
Firm hires a former Quilter Cheviot executive director to run the business
Asset manager believes another owner is ‘better placed to invest to deliver greater scale’ in the operation
Concerns of vast swathes of assets chasing labelled funds and a threshold MPS will never meet
In a bid to attract more advice companies to its parent group
It will be ‘radically different from traditional DFMs’
As it names CIO to oversee its discretionary fund management arm
‘Financial advisers and clients are postponing portfolio changes due to volatility’
To meet customer demands for discretionary mandates