High Net Worth
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Standard Chartered launches specialist Australian expat service

Standard Chartered Private Bank is launching a bespoke service aimed at Australian high net worth clients living in Europe.

Wilkins: UK is attracting families globally

Rapid family office expansion in capital could see London become European hub

A rocketing number of family offices are establishing themselves in London, with assets coming from Europe, the Middle East and the Far East, as well as within the UK.

Properties selling for below £175,000 will be exempt from stamp duty for a year

Low level stamp duty cut for 12 months to reduce costs for landlords and buyers

House prices are continuing to slide and house sales are at their lowest for 30 years, but landlords have been given a glimmer of hope by the chancellor.

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Poll

Relationships with discretionary fund managers (DFMs) will become more important with IFAs as we move towards RDR.

  • Absolutely. Can't do it myself, so why not get a specialist to manage my investment process?
  • Yes, I intend to use DFMs when they are suitable for specific clients, but not across the board.
  • Not sure. I have mixed feelings about outsourcing the investment.
  • No, I've had bad experiences in the past and I'm not sure I would trust a DFM with my clients.
  • Over my dead body. You couldn't pay me to use a DFM.
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