United Kingdom
Sanlam expands adviser network with Tavistock takeover
Sanlam UK has acquired the advisory arm of Tavistock Investments, taking over its network of 158 advisers and adding £1.5bn ($1.95bn, €1.66bn) to Sanlam’s total assets under advice.
EU to limit UK expat residency rights post Brexit – minister
Britain’s Brexit minister David Davies has revealed that the European Union plans to restrict the residency rights of British expats living within the bloc once the UK leaves.
VAM launches lower charging clean share class for fund range
Luxembourg-based asset manager VAM Funds has launched a clean share class option for its Ucits fund range.
Goldman Sachs to sell entire Rothesay Life stake
Goldman Sachs has agreed to sell its remaining stake in UK-based life insurer Rothesay Life to MassMutual Life Insurance and to funds managed or advised by investment firm Blackstone and Singaporean fund management company GIC.
Retirement | 9 Aug 17
Sharp rise in UK advice firms providing pension transfers
There has been a 17% increase in the number of UK financial advice firms with regulatory permission to conduct defined benefit (DB) pension transfers over the past financial year, as demand from clients continues to rise.