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Brewin Dolphin names new London heads

Charlie Ferry and Paul Jones will assume the mantle as previous head Rupert Tyler becomes head of culture and diversity.

M&G lends Rathbones £20m to fund ‘medium-sized’ acquisition

The news was revealed in an interim update from the wealth firm, which showed a 27% rise in underyling profit.

Lloyds faces £1bn extra PPI bill

Lloyds Banking Group tipped to take its PPI mis-selling bill to £13 billion with extra provision.

Hargreaves halts final salary pension transfer advice

Discount broker Hargreaves Lansdown has suspended its pension transfer advice after a record number of enquiries led it to operate 'at capacity'.

The Expert View: Barclays, Merlin and Babcock

Our daily roundup of analyst commentary on shares, also including Breedon Aggregates and Hiscox.

Tuesday Papers: UK investors see 2015 gains wiped out as markets fall

And IMF warned of gloomy eurozone outlook over Greece, high unemployment and a still-shaken banking sector.

Overnight Markets: Wall Street falls after China stock slump

China’s Shanghai Composite Index was down 4% in early morning trade on Tuesday after registering its steepest decline in eight years on Monday.

Trust Insider: distress signals - what's wrong with NB Distressed Debt?

All NB Distressed Debt's share classes have seen reductions in NAV since late last year

Shares veer into red as China worries spread

FTSE 100 follows global markets down on worries over China's market rout, giving up the rest of 2015's gains in the process.

Former Jupiter duo leave Rathbones

Philip Gent and Oliver Pearson-Lund have left the firm

Comment
1 Comment What does dividend tax overhaul mean for wealth boutiques?

What does dividend tax overhaul mean for wealth boutiques?

The changes following the Summer Budget could make LLPs (limited liability partnerships) more attractive than limited companies

Social media: too important for wealth managers to ignore?

Social media: too important for wealth managers to ignore?

KPMG global head of investment management Tom Brown highlights how wealth managers are running a big risk by ignoring social media.  

1 Comment Compliance price war: what wealth firms pay top regulatory staff

Compliance price war: what wealth firms pay top regulatory staff

A report shows how the tougher regulatory climate has inflated the price firms have to pay for top compliance staff.