Latest News - Jun Merrett
Woodford to bag £2m profit from comms firm buyout
Neil Woodford could scoop £2m from one of his investments as Daisy Group looks for a sale.
Sun, sea and sexagenarians: the top 10 retirement destinations
We take a look at the top 10 countries to retire to.
Regulatory costs weigh on SJP as assets rise 27%
St James’s Place has set its sights for global expansion as it closes in on acquiring a Far-East advisory business.
RBS set to cut 30,000 jobs through sales and restructure
The Royal Bank of Scotland (RBS) is set to cut 30,000 jobs in a cost-cutting led restructure, according to reports.
Sven & Fergie face £1m film scheme bill
Former football managers Alex Ferguson and Sven-Goran Eriksson are among around 300 investors who face paying about £1 million in tax bills, up to seven times more than their original investment, over a failed film scheme, according to reports.
Cofunds raids AXA Wealth for string of management hires
Cofunds has raided AXA Wealth to poach four managers to strengthen its partnership and platform constancy teams as it moves to unbundled pricing.
FCA hits insurer with record £30m fine
The Financial Conduct Authority has issued its biggest ever retail fine of £31 million to insurance company HomeServe.
Aviva axes hospitality for financial advisers after FCA paper
Aviva has stopped hosting hospitality events for financial advisers following the Financial Conduct Authority's inducement paper.
Sanlam shake-up sees Speirs lose role as wealth chief
Sanlam UK has replaced Nigel Speirs as the chief executive of Sanlam Private Wealth in a management shake-up.
Lloyds Banking Group cuts another 1,080 jobs
Lloyds Banking Group is set to cut 1,080 jobs as part of its strategic review.
Sarasin’s Boucher: why I like salmon with chocolate
Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.
Alibaba hype, the UK slowdown and opportunities in European sovereign bonds
Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.
Veteran banker boosts Sanlam’s stockbroking team
A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.
Profile: Psigma's Edinburgh boss on why he is in Scotland long term
When Tim Wishart agreed to launch an Edinburgh office for Psigma he was not expecting to head the company’s first overseas team