United Kingdom
United Kingdom | 8 May 14
Advisers at fault for rising PI costs
Network chief Chris Smallwood has said that a lack of compliance support and thoroughness in the financial advice industry are leading to soaring professional indemnity (PI) insurance premiums.
United Kingdom | 8 May 14
BOM seals deal on FandC takeover
The £708m cash deal has been settled as the Bank of Montreal takes ownership of F&C Asset Management.
United Kingdom | 6 May 14
PII premiums point towards hardening market
Fewer than 10% of financial advisers have been offered a decreased Professional Indemnity Insurance (PII) premium this year, pointing towards a "hardening insurance market".
United Kingdom | 2 May 14
Aberdeen completes 550m SWIP deal
For a price tag of £550m, Aberdeen Asset Management completed the acquisition of Scottish Widows Investment Partnerships (SWIP) infrastructure fund management business from Lloyds Banking Group.
Strong retail demand boosts Schroders assets
A healthy retail demand boosted assets under management at Schroders to a record high in the first quarter 2014.