United Kingdom

United Kingdom | 24 Jul 13

The UK faces a 20% shortfall of independent financial advisers which will potentially hit the baby boomer generation approaching or at retirement, according to research by Standard Life.

United Kingdom | 19 Jul 13

The Abu Dhabi sheik that provided rescue capital for Barclays at the peak of the financial crisis has sold his stake in the bank at a considerable profit in a reflection of the bank’s recovery.

United Kingdom | 18 Jul 13

First Names Group, the Isle of Man-based provider of trusts, funds and corporate services, has acquired a Jersey-based rival, the Basel Group. The purchase price was not disclosed.

United Kingdom | 18 Jul 13

Clients are less concerned about the RDR than advisers as more than double the proportion of advisers remain negative towards the legislation than clients.

United Kingdom | 18 Jul 13

Nigel Green, the chief executive and founder of global IFA group deVere, has sold 2.5% of his shares in the STM Group, the London-listed cross-border provider of QROPS and other cross-border financial products.