News

Schroders has agreed a £424m cash offer for Cazenove Capital in a deal that significantly strengthens its private banking, wealth management and funds businesses.

House prices in England and Wales rose by 0.3% in March, the largest month-on-month increase since March 2010, figures suggest.

At first glance, Schroders' confirmation that is in talks to acquire Cazenove Capital makes perfect sense.

IFA TailorMade Independent (TMI), which advised on investments with troubled overseas property agent Harlequin Property, has launched an internal review of its processes following a visit by the Financial Services Authority (FSA).

Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has outlined his plans to restore consumer trust in financial services.

Martin Wheatley, the managing director of the Financial Services Authority (FSA) and chief executive designate of the incoming Financial Conduct Authority (FCA), has praised financial advisers for their treatment of clients.

Tenet Group has said it will save the 70 advisers affected by Merchant House Financial Services (MHFS) being put into administration.

Schroders is in talks with Cazenove Capital over a possible acquisition of the boutique.

The Association of Professional Financial Advisers (APFA) has urged the Ministry of Justice (MoJ) to investigate Claims Management Companies (CMCs), which it thinks are increasingly manufacturing claims.

As advisers digest last week's revelation that top UK fund manager Richard Buxton is to exit Schroders after more than a decade at the group, attention is now turning to where to invest next.