Investment fraudsters scam £18m out of HSBC customers in 2020
Losses more than tripled in a year
UK Adviser
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Royal London acquires 30% stake in later life specialist
Insurance giant believes equity release ‘will become a core part of financial planning’
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Pension trustees kept in the dark by asset managers
‘We need to be able to show what action we are taking in terms of voting and engagement’
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European value stocks on the ascendency
Airlines, energy, banks and insurance the strongest performers of the past four months
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Financial Ombudsman Service to cut 150 jobs
In a bid to provide ‘a cost-effective service’
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Advice firm secures £4m bank loan for management buyout
It ‘will allow us to continue scaling the business further through potential acquisitions’
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IFA firm acquires Hampshire-based advice company
As it names former head of funds at Smith & Williamson executive chairman
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IFA sector ‘less risky’ investment for private equity firms
Ex-Skandia CEO says backing will help his company buy around 20 businesses ‘in next three-to-five years’
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Lloyds deal sparks 59% surge in Brooks Macdonald Int’l FuM
Group funds under management hit record £15.5bn
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UK equities ready to shift out of neutral
If covid-19 cases keep falling, and buoyed by attractive valuations, the UK will look more investable
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IFA company receives £55m private equity backing for M&A spree
Ex-CEO of Coutts and Towry Group joins the firm as non-executive chair
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European private equity firm snaps up Parmenion for £102m
It has ‘significant capital’ to help the platform ‘grow and consolidate’ within the wealth sector