Companies
M&G not liable after son steals from account
In a cautionary tale for investors passing down family names, the UK Financial Ombudsman Service has rejected a complaint from a man whose identically named son was able to fraudulently withdraw money from his M&G Securities account.
AJ Bell considers IPO – report
Investment platform AJ Bell, which sits on assets under administration of close to £40bn ($55.8bn, €45bn), is considering plans to float on the public market, according to reports.
Rathbones eyes financial planning expansion
Rathbone Brothers is planning to develop its financial planning proposition more aggressively this year after nearing its target of £40bn ($55.8bn, €45bn) funds under management.
UAE lessons to drive Hansard’s global growth
Hansard’s UAE strategy is starting to pay off and is providing the template for other regions, chief executive Gordon Marr told International Adviser.
Lloyds financial planning business set for £50bn expansion
In a major push to expand into the financial planning and retirement industry, Lloyds Banking Group is looking to increase its open book assets in the sector by more than £50bn ($69.9bn, €56.5bn) by 2020, according to the company’s 2018 strategic plan.