Praemium founder and CEO Arthur Naoumidis has resigned with immediate effect.
The average director of a FTSE 100 company has a final salary pension worth £3.6m and paying out £174,963 per year, the High Pay Commission said.
Unsure what to tell your clients on the events of the past week and implications for their investments?
Fears about the markets following last week's sell-off and the US credit downgrade will no doubt dominate clients' concerns this week. However, the weekend papers also featured warnings about pension growth predictions and annuities, an analysis of absolute...
The decision by Standard and Poor's to downgrade the US' prized AAA-rating for the first time came as no surprise to a number of fund managers.
Bill Gross, Bill Miller and Warren Buffett have clashed over Standard & Poor's downgrade of the US credit rating.
UK investment bank Evolution Group, the parent company of Williams de Broe, has agreed to buy one part of BNP Paribas' UK wealth management business in a deal that will add £1.8bn in assets under management to Evolution's business.
The FTSE 100 is now in the black in early trading after falling 1% on opening, after S&P's downgrade of US debt sparked a further share sell-off across the globe.
At least six more Swiss and one Liechtenstein private bank have come under the gaze of US prosecutors investigating whether Swiss bankers helped rich Americans dodge tax.
Fitch Ratings, the US fund rating service, is to launch a fund rating service covering UK funds as part of a new offering aimed at IFAs and wealth managers.