IFA Newell Palmer clocks up third acquisition in four months
Newell Palmer’s acquisition of IFA firm HIA International Financial Services means the firm now has £2.1bn (€2.4bn, $2.9bn) in funds under management, a figure that will likely grow as it plans to make further acquisitions throughout the year.
Investment | 26 Apr 18
Woodford Patient Capital directorships raise eyebrows
Woodford Patient Capital Trust’s holdings in companies in which its independent directors, including its chairwoman, hold senior positions has raised eyebrows with investors, as they highlight concerns about the board’s ability to act in shareholders’ best interests.
Partnership aims to close the global advice gap
Advice software builder Envizage has launched a partnership ecosystem that it says will tackle the global advice gap by helping people plan for their future in a more visual and intuitive way.
Credit Suisse surprises with ‘better than expected’ Q1
Credit Suisse has reported its adjusted pre-tax profits were up 36% at CHF1.2bn (£878.5m, $1.23bn, €1bn) for the first quarter, thanks to wealth management division inflows.
UK inheritance tax receipts reach record £5.2bn
The UK government hauled in £5.2bn ($7.2bn, €5.9bn) of inheritance tax receipts during the 2017/18 tax year, a figure 8% higher than the previous year.