Tidal wave of wealth transfer ‘to boost economy by £677bn a year’
Upcoming wealth transfer of £2.8trn from the older to younger generation will boost the UK economy by £677bn a year, according to research.
Wealth Management
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PA ANALYSIS: How are today’s wealth managers using ETFs?
Assets in exchange traded funds sailed past the $4trn mark globally last month, indicating their increasing popularity among investors worldwide.
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FCA alumnus Percival hits out at flawed risk tools
Former FCA technical specialist Rory Percival has warned UK risk-profiling tools are offering wildly disparate asset allocation advice.
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PA ANALYSIS: FCA attack a sign of pain to come for wealth managers
When the FCA published terms of reference for its Market Study of Asset Management in 2015, wealth managers breathed a collective sigh of relief.
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Weath manager AUM growth to defy slowing economy
Growth of 5.1% in the assets controlled by wealth managers is expected this year in spite of predictions for an economic slowdown.
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Brooks Macdonald’s profits boost as discretionary assets rise
Brooks Macdonald saw a 19% growth in discretionary FUM, and a 49% rise in pre-tax profits for the second half of 2016; benefiting from renewed focus on services for HNW clients and changes to the pension landscape.
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UBS targets mass affluent market with new wealth platform
UBS Wealth Management has rolled out a new digital platform targeting a broader pool of UK investors.
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Succession completes takeovers following £25m funding
Wealth manager Succession Group has acquired IFA Chambers Group and financial planner Plan4Wealth for a total of £10m.
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PA Podcast: Why Trump is right about dollar strength
Alan Higgins, UK CIO at Coutts, discusses currency, his 100-year Mexican bond, and reveals the “big time” growth manager he continues to hold in his portfolios.
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PA Podcast: Post-crisis memory and asset allocation in a post-Trump world
Michael Grady, senior economist and strategist at Aviva Investors, discusses how he goes about finding the right asset allocation signals through the Trumped-up geopolitical noise.
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PA Wealth Manager Awards 2017: The winners revealed
The UK’s top wealth managers were today crowned in our gala ceremony in London.
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Making the case for vertical integration in UK wealth management – Polin
Jonathan Polin, Group CEO of Sanlam UK, discusses his plans for the business in 2017, the importance technology and lays out the case for vertical integration.