Lloyds deal sparks 59% surge in Brooks Macdonald Int’l FuM
Group funds under management hit record £15.5bn
Lloyds
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PEOPLE MOVES: Zurich, Lloyds Banking Group, Schroders
UBS Group COO joins board of insurance giant, as bank names protection director
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PEOPLE MOVES: Lloyds, Credit Suisse, Generali
Banking group hires CEO from HSBC’s wealth arm, while Swiss giant names chairman
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Landmark pension equalisation ruling a ‘headache’ for schemes
DB pension transfers from 1990 onwards may require compensation as a result
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Lloyds investment clients to wait 12 years for reduction in fees
Value assessments deem 1.24% fund fees too high
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PEOPLE MOVES: Beaufort Financial, Barclays, Brown Shipley
Wealth firm hires head of advice, while private bank creates global family office role
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Brooks Macdonald buys Channel Islands wealth business for £10m
Deal will increase its international arm’s funds under management to £2.5bn
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Schroders advice business adds £100bn to AUM
But questions over whether it can rival SJP’s size in short time frame
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CII and Lloyd’s join forces with DIFC to boost insurance sector
Middle East is changing ‘significantly’ and the need for training and development is ‘ever increasing’
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Investment victims to protest against UK regulator
And ask for FCA boss’ resignation over alleged failings
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Assets wrongly distributed after Lloyds fails to return Wills
Bank will ‘ensure that those affected are fully compensated’
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Young people more likely to fall victim to scams
As fraudsters pretend to be calling from financial services companies or the police