Industry
IFA Newell Palmer clocks up third acquisition in four months
Newell Palmer’s acquisition of IFA firm HIA International Financial Services means the firm now has £2.1bn (€2.4bn, $2.9bn) in funds under management, a figure that will likely grow as it plans to make further acquisitions throughout the year.
Partnership aims to close the global advice gap
Advice software builder Envizage has launched a partnership ecosystem that it says will tackle the global advice gap by helping people plan for their future in a more visual and intuitive way.
Credit Suisse surprises with ‘better than expected’ Q1
Credit Suisse has reported its adjusted pre-tax profits were up 36% at CHF1.2bn (£878.5m, $1.23bn, €1bn) for the first quarter, thanks to wealth management division inflows.
UK inheritance tax receipts reach record £5.2bn
The UK government hauled in £5.2bn ($7.2bn, €5.9bn) of inheritance tax receipts during the 2017/18 tax year, a figure 8% higher than the previous year.
7IM gets regulatory approval to set up Jersey office
Seven Investment Management (7IM) has received approval from the Jersey Financial Services Commission (JFSC) to open an office on the island.