United Kingdom
UK investor visa applicants from China soar
The number of Chinese nationals applying for UK investor visas tripled in the same year the Home Office introduced new rules that doubled the minimum threshold to £2m.
Rathbones phasing out multi-manager with income fund launch
Rathbones Unit Trust Management has significantly reworked its multi-asset offering as the firm moves away from the multi-manager approach.
Retirement | 9 Jun 15
Advisers needing pension transfer qualification triples
The number of UK financial advisers requiring a specialist pension transfer qualification to give advice on transfers is expected to jump significantly as more people make use of the new freedoms.
United Kingdom | 9 Jun 15
IFA use of DFMs to grow, but service quality key- Investec
A significant majority of advisers expect the demand for bespoke discretionary fund management services to rise in the next few years, but only those that offer high levels of service quality are likely to survive, research by Investec Wealth and Investment shows.
Barclays sells US wealth management business
Barclays has sold its US Wealth & Investment Management business to American investment bank Stifel Financial Corp for an undisclosed the sum.