UK News
Schroder’s Benchmark Capital buys wealth firm
It will take client assets to £2.1bn, with more deals in the pipeline
Tavistock acquires IFA group for £3.7m
Deal adds around £500m in assets under advice
HMRC refunds £835m in overpaid tax on pension withdrawals
But advisory firm believes total is likely to be in ‘excess of £1bn’
Brits have £1trn more wealth in pensions than property
London is the only place in the UK which recorded the opposite trend
Advisers increasingly seek funds with inflation protection
There is a ‘growing sense of caution’ when researching investment options for clients