United Kingdom
David Howell: Guardian Wealth Management’s accidental adviser
GWM’s David Howell talks about his firm’s expansion plans, alphabet soup, and the unintended consequences of RDR on the UK advice market.
OMW’s ‘bold new’ strategy yields growth in FUM and sales
Old Mutual Wealth (OMW) highlighted its vertically integrated strategy (first adopted in 2012) as the primary driving force behind its stellar performance in Q1 2016.
UBS wealth management sees strong inflows amid profits slump
Swiss bank UBS reported the strongest inflows to its wealth management division since 2008, although pre-tax profits were lower than analyst expectations and below last year.
United Kingdom | 3 May 16
Half of UK advisers turn away 5 clients every month
Almost half of British financial advisers have turned away up to five potential customers in a month, while one in 10 has rejected six or more people, according to a new study by Prudential.
Macro Views | 3 May 16
UK manufacturing contracts as “deep unease” takes hold
Manufacturing activity in the United Kingdom has contracted for the first time in three years, according to data from Markit.