United Kingdom
Tax & Regulation | 2 Feb 16
Legg Mason cuts trail commission from UK authorised fund range
Global asset management firm Legg Mason has announced plans to cut out trail commissions on its UK authorised funds effective from 1 April 2016 in line with the rules set down in Retail Distribution Review (‘RDR’).
Barclays bids for TD Direct, could rival Hargreaves Lansdown
Barclays has emerged as a potential buyer of TD Direct Investing, one of the biggest retail stockbroking businesses in the UK, in a move that could create a challenger to current market leader Hargreaves Lansdown.
Intrinsic buys Financial Adviser School from Sesame
Intrinsic, part of Old Mutual Wealth (OMW), has acquired the Financial Adviser School from Sesame Bankhall Group (SBG).
Offshore Bonds | 1 Feb 16
Profile of British expats changing rapidly
The number of British adults living overseas temporarily is increasingly sharply with growth dominated by larger numbers of women and young people working abroad, according to a new survey.
Ex-Hargreaves trio set up high-net-worth investment service
Former Hargeaves Lansdown executives, Alex Davies, Ben Yearsley and Marta Caricato have announced the launch of a new investment service for high-net-worth investors.