07/03/2013
Tax relief for charities and donors increased to £4.09bn in 2012/13, HMRC reveals
Figures show that charities claimed £3bn and donors claimed £1.09bn, including £510m from inheritance tax and £40m in payroll giving
Wealth and Asset Management
07/02/2013
PCI and Charity Estimates – Q2
The Q2 2013 performance estimates for the ARC Private Client Indices and ARC Charity Indices are now available.
07/02/2013
BNP Paribas Wealth Management wins prestigious awards
In addition, BNP Paribas Wealth Management was awarded as one of the Top 3 Best Private Bank in China and Top 3 Best Private Bank in Taiwan, in the foreign category.
07/02/2013
2plan Wealth Management post first profit
Keeping on top of overheads and investing in technology, particularly “bespoke” software, had also improved the firm’s financial performance,
07/02/2013
Bonus Limit for Fund Managers Rejected in EU Parliament Vote
The European Parliament narrowly rejected proposals to ban fund managers from receiving bonuses amounting to more than their annual salary
07/02/2013
AWD Chase de Vere profits hit as it braces for Keydata fight
Independent financial adviser Chase de Vere has posted a £11.6m loss for 2012
07/02/2013
McManus & Associates Named Finalist for STEP Private Client Awards
The STEP Private Client Awards highlight excellence among private client solicitors/attorneys
07/01/2013
Syz Group positions for better days with expansion plans
Swiss-based Syz & Co Group, encompassing the three business lines of private banking, institutional asset management and Oyster Funds
07/01/2013
BNY Mellon on track for managed accounts business in HK
BNY Mellon has received licence approval from the Securities and Futures Commission for its new dedicated Hong Kong-based subsidiary to establish a separately managed accounts business.
07/01/2013
Government 'to ask Rothschild to advise on RBS split'
The Government is this week expected to ask Rothschild to advise it on separating RBS into a good bank and bad bank.
07/01/2013
Gold tumble sparks wealth switch
Individual mainland investors are no longer in a rush to buy gold.
07/01/2013
Mirabaud, following Pictet and Lombard Odier, abandons unlimited liability
The ownership as well as the group’s management will remain in the hands of the current managing partners
07/01/2013
Julius Baer takes on Merrill Lynch’s advisers
The integration of the new businesses is moving ahead swiftly and in line with the original plans.
07/01/2013
Ashcourt Rowan plans workplace push as earnings increase
he wealth management firm said it planned to develop its workplace pensions business to increase its market share
07/01/2013
Peak Financial Group enhances its offering with the addition of portfolio managers and the creation of the division Peak Private Wealth
President and CEO of Peak Financial Group, is pleased to announce the arrival of well-known and highly respected portfolio managers
07/01/2013
Seven firms which could buy Deutsche's regional wealth arm
Wealth Manager broke the news that Deutsche Asset & Wealth Management is readying a sale of its regional network and the bulk of the former Tilney business that it acquired in 2006.
06/30/2013
Singapore is world's most fertile land for millionaires
What is needed is a sound sense of personal investment and finance, and not business acumen or family wealth
06/30/2013
Lombard Odier Named 'Best Private Bank'
The firm of private bankers has won an award from the Banker Middle East Industry Awards for the second consecutive year.
06/30/2013
Private Banks Leave Switzerland as End of Secrecy Hurts Profits
For European lenders with private-banking aspirations, a presence in Switzerland used to be a must
06/30/2013
RBC aims to double assets under management in Asia
Increased compliance cost is one of the greatest challenges facing wealth management firms