07/31/2012

H&R Block Tax Mogul to Leave Fortune to Family Foundation

Mr. Bloch, who tied for 39th on last year’s Philanthropy 50 list of the nation’s top donors, said the dollar amount of contributions to the foundation would remain private for now but that it would ultimately rank among the region’s larg

07/31/2012

Urquhart Stewart: Family-focused IFAs to thrive post-RDR

The current economic and regulatory upheaval is providing opportunities for fee-based family financial planners and this trend is set to continue with the incoming Retail Distribution Review, the rise in technology and the current austerity, 7IM founder J

07/30/2012

UK Wealth manager eyes discretionary offering in HNW push

"The discretionary portfolio space may have £500,000 or more. They might want something that takes them in to a different space, [utilising] other instruments that we would never bring into our mainstream portfolios. Read more: http://www.ifao

07/29/2012

FTSE remuneration chiefs believe pay is too high - survey

The majority of executives who set the remuneration of directors running Britain's top companies believe salaries and bonuses are too high, The Sunday Times reported, citing a survey by management consulting company Hay Group.

07/29/2012

Brewin income rises 4.4% in Q3

British investment manager Brewin Dolphin said transition to a fee based charging model boosted streams of recurring revenue while falling trading volumes kept a cap on overall revenue growth in its third quarter.

07/29/2012

HSBC Wealth Management revenue falls

HSBC Holdings, Europe's largest bank, said first-half profit rose 10 per cent, lifted by gains on asset sales. Pretax profit rose to $US12.7 billion from $US11.5 billion a year earlier, the London-based bank said in a statement today.