United Kingdom
Best Practice | 14 Oct 16
Expert urges pension rethink as UK sales slide
Sales of personal pensions fell by 6.8% in the second quarter of this year as a leading tax expert urges the UK government to do more to get the country’s retirement savings “back on track”.
Sanlam merges wealth arms, courts advisers in SJP challenge
Sanlam UK is to set up a new division encompassing its discretionary fund management and financial advice divisions and launch a partnership initiative for advice firms to join the group in a move that challenges St James’s Place’s existing model.
United Kingdom | 13 Oct 16
Hargreaves revenues up, but inflows drop
Shares in Hargreaves Lansdown fell 2% this morning on the back of mixed results for Q3 – revenue was up 15% to £90.6m, but inflows dropped 22% compared to Q1.
Investment | 12 Oct 16
UK should turn on fiscal tap, says Royal London
The UK government needs to step up fiscal spending, not only to help stabilise sterling but also help improve its debt profile, Trevor Greetham said on Wednesday.
Neptune and Raymond James join forces for DFM launch
UK-based fund manager Neptune Investment Management is to launch a discretionary fund management business in partnership with Raymond James Investment Services under the moniker Equester Capital Management.