Latest News - Jack Gilbert
Nine wealth firms' financial planning strategy
Our sister site New Model Adviser® gets under the bonnet of wealth management firms' financial planning divisions.
Revealed: Beaufort Securities’ tea and diamond links
Our sister publication New Model Adviser® has uncovered an eclectic mix of businesses across the globe linked to collapsed broker Beaufort Securities.
Beaufort Securities: clients to get between 80% to 90% back
Investors in the collapsed wealth firm Beaufort Securities can expect to get 80-90% of their investments back, our sister publication New Model Adviser® has learned.
Politicians call for ‘radical’ overhaul of ISAs
A group of cross-party MPs have called on the government to ‘radically shake-up’ the ISA system, calling for a number of products to be merged into a new ‘Everything ISA’.
Beaufort Securities: battle to recover £700m from collapse begins
The Financial Services Compensation Scheme has said it is working 'as quickly as we can' to understand what this might mean for Beaufort's customers.
Standard Life Aberdeen to 'pitch' for £26bn of Phoenix assets
Standard Life Aberdeen will be given the chance to ‘pitch’ for £26 billion of assets following the mega deal with Phoenix Group, and industry figures believe they are likely to take a greater slice of this mammoth mandate.
Transact valued at £650m as it reveals IPO plan
Wrap platform Transact has set the date for its long-awaited IPO and announced it would be selling shares to the market at 196p per share giving it a market capitalisation of £649.4 million.
Standard Life Aberdeen chair Grimstone to step down
Standard Life Aberdeen chairman Gerry Grimstone has announced he will step down from his position at the company in 2019.
Martin Gilbert hopes to win back £109bn mandate after insurance sale
Standard Life Aberdeen co-chief executive Martin Gilbert has said he is confident the sale of the insurance arm to Phoenix can help it win back the £109 billion mandate from Lloyds.
Troubled wealth firm hit with fresh client complaints
The Financial Ombudsman Service (FOS) has upheld a claim against troubled wealth firm Beaufort Securities, as it continues to look into a ‘steady stream’ of cases against the company.
Shrimp wars: the Indian commodity that could get caught in the net
As the world’s two largest economies exchange tit for tat, putting tariffs on key goods, the impact of president Donald Trump’s policies are being felt at the periphery by a commodity not that widely discussed.
Predicting the future: a problem in asset management
It's crucial that firms have a grasp on where things are heading so they can remain competitive, says Neill Vanlint of GoldenSource Corporation.
Surprise at Mifid II ‘bill shock’ warning
If you were confused about the statement from Electronic Research Interchange (Eric) warning fund firms could be facing unexpected research costs, you are not alone.