HSBC has appointed Ida Liu as CEO of HSBC Private Bank to strengthen cross-border connectivity across key wealth corridors and accelerate the growth of the Private Bank globally. Liu, who joins on 5 ...
Utmost Group has sold its £5bn bulk purchase annuity (BPA) business to JAB Insurance to settle the debt from its Lombard International acquisition in 2024. Utmost launched the the BPA arm, Utmost Life ...
The FCA has banned Verus Financial Services from providing financial advice and placed tighter restrictions on the firm using assets without the regulator’s permission. The decision comes on the back ...
Next year is shaping up to be yet another eventful year for investors, who will no doubt be looking to their advisers for support, reassurance, and a steadying influence. These are key aspects of the ...
Investment platform AJ Bell has launched a new portfolio in its Gilt MPS range, Gilt MPS 4, which is now available via the AJ Bell Investcentre platform. Since launching in April 2025, AJ Bell said ...
The FCA has fined Nationwide Building Society £44m for inadequate financial crime controls. The UK regulator said the building society had poor anti-financial crime systems and controls between ...
The UK's government has refused to commit to a so-called 'pensions tax lock' following a petition launched by AJ Bell, backed by over 22,000 signatories. AJ Bell launched a petition calling for the ...
Invesco's former head of EMEA sustainable and impact investing has launched an investment platform providing professional investors with emerging markets-based investment solutions by connecting them ...
Skybound Wealth, the global wealth advisory brand of the Skybound Wealth Management Group, is opening a new office Spain, as part of its European expansion. Mijas-based Skybound Insurance Brokers will ...
Discretionary managed portfolio service (MPS) assets grew by £46bn (32%) in the past year to reach £190bn, new data shows. Assets are now set to surpass £200bn, according to NextWealth’s latest MPS ...
The FCA has confirmed its final rules for the implementation of 'targeted support', which will be rolled out from as early as April 2026. Firms will be able to apply to offer targeted support from ...
The Australian Securities & Investments Commission (ASIC) has suspended the Australian financial services licence of MW Planning for failing to replace its responsible manager after ASIC banned its ...