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People moves: London & Capital appoints head of institutions; new adviser at Mercer Jelf FP

By: Jonathan Boyd | 17 Nov 2017

Kate Miller has been appointed head of Institutions for London & Capital, the independent wealth and asset manager. Her role will be to grow the international institutional…

UK gov’t spends £18m on largely ignored Pension Wise adverts

By: Eugene Costello | 17 Nov 2017

The government has spent £17.8m advertising its free Pension Wise service since 2014, the minister for pensions and financial inclusion has revealed, despite only 12% of eligible…

Scale of pension fraud could be £1bn, regulator tells MPs

By: Eugene Costello | 16 Nov 2017

The scale and value of money taken from consumers in pension scams is unknown, the regulator has disclosed to a committee of MPs tasked with conducting a…

Comment: ‘High time May started flying flag for Crown Dependencies and British territories’

By: Eddie Power | 15 Nov 2017

The UK Government has sold the Crown Dependencies  and British Overseas Territories down the Swannee and left them to fight for themselves – at precisely the moment…

Old Mutual Wealth to rebrand as Quilter ahead of LSE listing next year

By: Eugene Costello | 15 Nov 2017

Old Mutual Wealth (OMW) chief executive Paul Feeney today reaffirmed the company’s intention to list on the London Stock Exchange (LSE) early next year and announced that…

People Moves: Citi, Stanhope Capital, PA Group

By: International Investment Staff | 15 Nov 2017

Citi Commercial Bank  Citigroup, the New York City-based banking and financial services giant which is increasingly known as Citi, has promoted Catherine Pierre to head up the…

Aviva acquires Irish provider Friends First for €130m

By: Ridhima Sharma | 14 Nov 2017

British insurer Aviva has acquired Irish pensions, life and investment provider Friends First Life Assurance Company for €130m, making it the largest composite insurers in Ireland. Friends…

STM’s Kentish released from arrest, shares reinstated

By: Gary Robinson | 14 Nov 2017

The board of STM has released a statement to the London Stock Exchange announcing that its chief executive Alan Kentish was released from arrest and bail yesterday…

STM Group suspends shares, plans to acquire Malta’s Harbour Pensions

By: Helen Burggraf | 13 Nov 2017

STM Group, the Gibraltar headquartered, AIM-listed cross border financial services provider, said today that it had agreed, on Friday, to acquire  Harbour Pensions Ltd, a licensed retirement…

Australia and UK ‘on verge of’ inking new fintech deal

By: Eugene Costello | 12 Nov 2017

Australia and the UK are “are in the process of concluding negotiations on fintech” that will lead to greater cooperation between the countries in this fast-growing sector,…

Australian commissioner urges UK to show optimism and ambition over Brexit

By: Eugene Costello | 12 Nov 2017

If the UK approaches Brexit with optimism and ambition, it has a bright future based on free trade with like-minded countries around the world to which to…

FCA hits Capita with £66m compensation demand over Connaught fiasco

By: Eugene Costello | 10 Nov 2017

The UK financial regulator the Financial Conduct Authority (FCA) today ordered Capita Financial Managers to settle a £66m (US$86.6m, €74.6m) bill in compensation to investors in its…

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