United Kingdom
Hargreaves Lansdown halts pension transfer advisory work
UK investment manager Hargreaves Lansdown said it has stopped taking on new final salary pension transfer business due to the high volume of requests it has received.
M&A activity driving up IFA business value in the UK
UK independent financial advisory businesses have risen in value by around 8% this year as regulatory reform helps drive M&A activity, according to online business valuation provider BizEquity.
Brooks Macdonald exceeds own expectations as FUM climbs 13.1%
Brooks Macdonald’s discretionary funds under management edged closer towards the £7.5bn mark with a 13.1% increase in the year ending 30 June.
United Kingdom | 24 Jul 15
Hartmann Capital investors get bulk payout from FSCS
More than two thirds of the £3.2m in compensation owed to investors of Hartmann Capital has been paid out after the firm was shut down by the Financial Conduct Authority for having a £1.5m shortfall in clients’ money.
United Kingdom | 24 Jul 15
Old Mutual Int’l launches trust tool to support advisers
Old Mutual International has launched a new online service with the aim of boosting its trust proposition by pointing advisers towards the most suitable trust for their customer’s circumstances.