Latest News - Charles Walmsley
DB pensions pose problems for cheery chancellor
Defined benefit pensions pose a problem for chancellor Philip Hammond despite his new found cheeriness, as the ONS looks to reform how public sector pensions and the PPF are considered on the government's books.
FCA declares troubled DFM Beaufort Securities insolvent
The administrators have been brought in after the financial watchdog declared Beaufort Securities insolvent.
Results are in: 20 things we learned about SJP's business
St James's Place has published its annual results, along with a presentation for analysts that dissects the business. We sifted through the slides and here is what we learned.
JLT profits rise 40% but FCA's ETV action looms
Jardine Lloyd Thompson (JLT) saw a 40% rise in profits through its UK Employee benefits division last year, but faces the possibility of payouts over advice given in the past connected to enhanced transfer values (ETVs).
SJP co-founder Mike Wilson dies, aged 74
St James's Place founder and life president Mike Wilson has died after a battle with cancer aged 74.
Cofunds chief to lead Aegon asset management push
Aegon has announced the launch of a new multi-manager investment company later this year under the leadership of Cofunds chief executive David Hobbs.
Gars to 1825: 8 hot topics in Standard Life Aberdeen's results
Ahead of the combined group’s results tomorrow we take a look at what could be some of the highlights.
SimplyBiz once again eyes IPO with £150m plan
Support services provider SimplyBiz is once again considering an initial public offering (IPO), according to a Reuters report, three years after it dropped plans in favour of remaining independent with other forms of finance.
Rathbones to expand financial planning presence
Rathbone Brothers will expand its financial planning team across a wider range of regions as it looks to pass £40 billion in assets over 2018.
Union deals guide Lighthouse to 'record' £2.5m profit
A string of deals with some of the biggest unions in the UK propelled advice group Lighthouse to a 'record' pre-tax profit of £2.5 million last year.
Boutique tapes: if you want to get rich, work for Goldman Sachs
In the first edition of a four-part series, four boutique bosses reveal how they convince top fund managers to join them.
Frenkel Topping chair: why we are going it alone after sale attempt
Frenkel Topping executive chairman Paul Richardson told New Model Adviser® the company did not sell as planned last year because it realised it could grow as a company without the aid of a strategic partner.
Adviser profile: Claire Phillips of First Wealth
Despite plans to cut client numbers in half this year, Claire Phillips says First Wealth is committed to closing the advice gap and improving financial education