Companies
UK wealth manager buys London-based firm
Deal adds around £40m in assets under management
22% rise in assets under administration at Utmost Group
As firm says it has ‘access to capital to continue with its acquisition strategy’
Aussie regulator sues AMP for allegedly charging dead clients
It claims five subsidiaries were ‘involved’ in taking money from more than 2,000 life and advised customers
Mass UK adviser exit fails to materialise
A sharp 60% drop had been expected post-RDR, Keith Richards says
PEOPLE MOVES: Fairway Group, Calamatta Cuschieri, Schroders PW
Jersey firm makes c-suite changes, while Malta-based company names head of private clients