United Kingdom
SJP raises dividend, rolls out new income fund
St James’s Place has increased its interim dividend by 15% despite reporting a drop in profit for the second quarter.
Macro Views | 27 Jul 16
Better-than-expected UK GDP provides solace but no insight
Preliminary UK growth figures for the second quarter have raised hopes slightly that the British economy was on a better footing heading into the EU Brexit referendum than had been expected.
Brewin Dolphin underpinned by strong discretionary flows
UK wealth manager Brewin Dolphin has reported a 3.5% increase in discretionary funds under management to £26.8bn ($35bn, €32bn) during its third quarter.
Tax & Regulation | 26 Jul 16
Brexit vote reignites debate over cuts to pensions tax relief
The UK’s decision to quit the European Union could lead to a raid on pensions tax relief, experts in the industry have warned.
Tax & Regulation | 26 Jul 16
Committee recommends FCA split to set up enforcement body
The Treasury Committee is recommending that part of the UK’s Financial Conduct Authority (FCA) be spun out to form a new financial regulation enforcement body.