Companies
Rothschild & Co to get out of trust business
The family-controlled bank to focus on wealth management and private banking
AMP sells Australian life and advice business to Resolution
Company shares fell by a quarter after a deal was announced
Gam AUM shrivels 20% following Haywood saga
Excluding Haywood’s fund range, net outflows were CHF5.3bn
Schroders and Lloyds to shake up financial planning sector
But banks re-entering the market should not be seen as a threat, says Intrinsic chief executive
Uncertain market hits Quilter inflows
More cautious approach taken with DB to DC pension transfers