United Kingdom
10% drop rule ripped up by UK government
‘Detrimental’ regulation abolished as part of chancellor’s Edinburgh reforms
Global wealth manager merges with family office
Combined company will oversee $29bn in assets
FCA begins targeted review of appointed representatives
It is writing to principal firms requesting mandatory information about their ARs
Schroders subsidiary buys 51% stake in advice network
Acquired business has £2bn of assets under management