United Kingdom | 23 May 13
advisers reveal favoured post rdr fee structures
The majority of advisers have started charging clients a percentage of the investment amount as they seek to establish the best fee models post-RDR.
up to 50m of devere client money trapped
The deVere Group has confirmed that approximately $50m of its clients’ money was invested in the now suspended Strategic Growth Fund.
United Kingdom | 23 May 13
aes picks up two awards from branson
AES International has picked up two awards following its success in moving up the league rankings of the Sunday Times Virgin Fast Track 100 list of fastest growing companies in 2012.
blacktower launches first fund with cheviot
Blacktower Financial Management (International) has launched what group managing director John Westwood says is the company’s “first” investment fund, in partnership with Cheviot Asset Management.
United Kingdom | 23 May 13
jp morgan intl bank fined 3m by fca
J.P. Morgan International Bank (JPMIB) has been fined more than £3m by the UK’s Financial Conduct Authority.