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United Kingdom

European watchdog warns of investment fund ‘fire sales’

Alternatives | 14 Feb 18

European watchdog warns of investment fund ‘fire sales’

Mismatches between the liquidity of open-ended investment funds’ assets and their redemption profiles could lead to “fire sales” to meet redemption requests in times of market stress, the European Systemic Risk Board (ESRB) has warned.

Best Practice | 14 Feb 18

Beware deadlines for ombudsman complaints

A former Aviva Life Service UK client has lost his bid to be compensated for poor service, following delays in taking out a tax free lump sum from his pension, because he waited too long to make the complaint.

Old Mutual Wealth acquires £40m IFA

Companies | 14 Feb 18

Old Mutual Wealth acquires £40m IFA

Old Mutual Wealth Private Client Advisers has acquired Wiltshire-based IFA firm A&M Financial Services.

The Fry Group names MD for big push into new markets

Best Practice | 14 Feb 18

The Fry Group names MD for big push into new markets

The Fry Group has revealed its new managing director and chairman from 1 April is to be Jeremy Woodley, its long-standing sales and marketing director, who is intent on accelerating plans for further offices across the world.

Best Practice | 14 Feb 18

7IM launches decumulation service for advisers

Seven Investment Management has launched a retirement planning service to help advisers in the UK look after clients at, and nearing, retirement.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.