United Kingdom
James Hay buys wrap platform for £145m
Combined business will have around £45bn of assets under administration
US expats struggle to find providers with ‘right products’
‘Range is limited and often expensive’
Firm backed by ex-Aberdeen boss eyes wealth management growth
It ‘now intends to change its business strategy’ after £5.7m investment in River and Mercantile
Cheaper pension charges to make drawdown ‘more sustainable’
‘Small changes – just a fraction of 1% – can make a real difference’
Sale of UK insurer to be investigated
Parliamentary group believes deal may not be the best option for members and policyholders