United Kingdom
United Kingdom | 7 Feb 12
lloyds to close clerical medical intl
Scottish Widows, part of the Lloyds Banking Group, is to withdraw from the offshore bond market, closing Clerical Medical International as part of the process.
United Kingdom | 11 Jan 12
wright joins rbc wm americas desk
RBC Wealth Management has hired Michelle Wright for its Americas desk. Wright joined from Barclays Wealth this week, as a director in the UK private client wealth management team.
United Kingdom | 5 Jan 12
property giant savills acquires investmt business
Global real estate services provider Savills has acquired specialist central London investment and asset management business Gresham Down Capital Partners.
United Kingdom | 23 Dec 11
eu passporting blow to rdr
IFA firms passporting into the UK will apparently not be subject to the FSAs Retail Distribution Review, according to the EU Commissioner for Internal Market and Services.
United Kingdom | 19 Dec 11
court rules pensions reciprocation plans illegal
The UKs High Court has ruled that pensions reciprocation plans, whereby members are able to access cash before they reach age 55 by borrowing against their pension, are illegal.