United Kingdom
PEOPLE MOVES: Jupiter, HSBC and Clyde & Co
Jupiter Asset Management appoints a head of multi-asset strategy, Clyde & Co expands its Middle East operation and HSBC hires a managing director for Sweden.
United Kingdom | 16 Feb 18
Lifeboat scheme opens door to British Steel IFA firm claims
Customers of now-liquidated IFA firm Active Wealth, which was at the centre of “questionable advice” given to British Steel Pension Scheme (BSPS) members, may soon be able to make claims against the company.
Standard Life Aberdeen loses top client
Standard Life Aberdeen has lost its biggest client, Lloyds Banking Group (LBG), after the FTSE 100 bank decided to pull more than £100bn assets over competition concerns.
Best Practice | 15 Feb 18
How was the British Steel pension scandal allowed to happen?
A damning report from the UK’s Work and Pensions Committee has blasted the actions of some financial advisers who acted like “vultures”, and who “bamboozled” British Steel Pension Scheme (BSPS) members, raising questions about how this could happen in a post-RDR world?
Bitcoin to become ‘significant feature’ in modern day divorce
The rise of cryptocurrency, and in particular Bitcoin, means divorcing couples may use the currency to hide their wealth from one another, warns a family law expert.