United Kingdom
Retirement | 30 Mar 16
Almost £6bn withdrawn after UK pension reform, reports ABI
Nearly £6bn ($8.6bn, €7.6bn) has been paid out of UK pensions since reforms came into effect in April last year, according to the latest figures published by the Association of British Insurers (ABI).
Waverton buys 2CG Senhouse
Waverton Investment Management, formerly J O Hambro Investment Management, has acquired London-based long only investment boutique 2CG Senhouse, which specialises in European and southeast Asian equities.
Private equity firms eye Old Mutual’s wealth arm
A number of US private equity firms are preparing bids for Old Mutual’s wealth division, with two funds rumoured to have already teamed up to make an offer, The Sunday Times has reported.
Tax & Regulation | 29 Mar 16
Half of advisers back Brexit, one in six still on the fence
Half of advisers (50%) would welcome Britain cutting ties with the EU while just over a third (34%) want the UK to remain in Europe, according to a survey from financial services technology company Intelliflo.
Macro Views | 29 Mar 16
Asset and wealth mgt confidence hit by volatile markets
The asset and wealth management industry has seen its first significant fall in confidence since the winter of 2011, according to a joint report from the CBI and PwC.