FCA under fire over LV= sale to private equity firm
MP alleges that rival bid could have saved insurer from demutualisation
News
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T Rowe Price partners with UBS GWM
To offer its health sciences strategy to the Swiss bank’s private wealth clients in Singapore and HK
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Carrick Wealth expands South African footprint
Firm opens office in Eastern Cape region, which is ‘often overlooked as a commercial hub’
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UK gov’t unveils stricter pension transfer rules to fight scams
It was ‘right to hand schemes greater power to protect members’
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Royal London to resurrect bid if LV= sale collapses?
‘Case for demutualising is very weak’ when there is an ‘alternative, equivalent option’ to retain status
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US in the news: Rockefeller bolsters global family office arm
A round-up of people moves and M&A deals across North America
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PEOPLE MOVES: Allianz, Wren Sterling, Sovereign Trust
Financial services group names CEO of APAC, as IFA firm hires acquisitions director
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Aussie bank exits life insurance market with A$524m deal
It will ‘continue to invest in the transformation and growth of its wealth management’ arm
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Credit Suisse to pump CHF3bn into wealth arm by 2024
As it plans to hire around 500 relationship managers over the next three years
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Mini-bond victims to get up to 80% of original investment
‘We finally get to draw a line under this unfortunate experience and get on with our lives’
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Crypto beats pensions for a third of young Brits
Despite recent warning from FCA that the asset class can cause ‘potential harm and exploitation’
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Ex-Credit Suisse executive opens London wealth firm
It is already looking to expand to Switzerland, Monaco, Dubai and Singapore