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News

Investment

Verbatim AM partners with Sandringham on investment process

Verbatim Asset Management, the investment arm of the SimplyBiz Group, is to provide its independent investment process to restricted national Sandringham Financial Partners.

clock 29 April 2013 •

Wrap/platforms

Mohan exits Cofunds after seven years

Cofunds' Stephen Mohan is leaving the business after a seven-year spell, the platform said today.

clock 29 April 2013 •

Your profession

Think tank suggests govt offers free financial advice MOT at 50

Britons should be offered taxpayer-funded "financial MOTs" when they reach 50 to make sure they are prepared for retirement, a think tank has said.

clock 29 April 2013 •

Income

L&G signs €136m reinsurance deal with Irish annuity outfit

Legal & General (L&G) has signed its first annuity reinsurance deal outside the UK in a €136m contract with New Ireland Assurance.

clock 29 April 2013 •

Managed solutions

Aberdeen hikes divi by 36% after 'healthy' H1

Aberdeen AM has raised its interim dividend by more than a third as revenue rose by over 25% in the six months to 31 March.

clock 29 April 2013 •

Investment

Ex-England cricketer Collingwood sues adviser for £300k

Former England cricketer Paul Collingwood and his wife are suing a financial adviser whom they accuse of losing more than £300,000 of their savings through risky investments.

clock 29 April 2013 •

Offshore Investment

Barings sees value in MENA region

Many economies in the Middle East and North Africa (MENA) are enjoying healthy rates of growth at a premium to developed or even emerging neighbours, according to Baring Asset Management.

clock 29 April 2013 •

Economics / Markets

Archbishop of Canterbury trashes bankers 'entitlement culture'

The archbishop of Canterbury, Justin Welby, has accused bankers of having "a culture of entitlement" in a scathing critique of the City's ethical and professional standards.

clock 29 April 2013 •

Property Investment

Expat woes as Goldman Sachs warns Spanish property 'needs to fall another 10%'

Spain's collapsing residential property market is still overvalued, banking experts have warned.

clock 29 April 2013 •

Investment

FCA clears banks to begin £2bn interest rate swaps payouts

The Financial Conduct Authority (FCA) has given Britain's biggest banks permission to start paying the estimated £2bn-plus compensation owed to small firms that were mis-sold derivatives products.

clock 29 April 2013 •
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