United Kingdom
TAM Ethical donates nearly £4,000 via ‘You Give, We Give’ scheme
TAM Asset Management’s socially responsible TAM Ethical portfolio has raised nearly £4,000 for charity through its ‘You Give, We Give’ scheme since launching in May last year, with considerable growth predicted over the next 12 months.
United Kingdom | 15 Apr 15
Nutmeg cuts UK stocks due to election risks
Online investment manager, Nutmeg, has increased its investments in European, Nordic and Japanese stocks in order to protect customer portfolios from risks ahead of the UK General Election.
United Kingdom | 15 Apr 15
FCA fines BNY Mellon £126m for insolvency protection failings
The UK’s Financial Conduct Authority has fined the Bank of New York Mellon’s London and International branches £126m for failing to comply with rules protecting clients against insolvency.
United Kingdom | 15 Apr 15
Expect exodus from large wealth managers to continue – IFP
Financial services professionals will continue to leave wealth management heavyweights in favour of the relative freedom of smaller firms, according to IFP chief executive Steve Gazzard.
Retirement | 14 Apr 15
Gov’t urged to protect ‘insistent’ consumers against DB pension transfers
The Personal Finance Society has written to the UK Government calling for increased protection for clients who insist on cashing in their pensions against the advice of a financial adviser.