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Pádraig Floyd |
From gamekeeper to poacher – mandarins easily shed their skins
Until I got on the train this morning, I knew exactly what I was going to write about in this column. It was then, as I sat thumbing through the press releases on my BlackBerry, that I saw something that changed my mind.
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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.
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FSA considers laying down rules for Sipp transfers
The Financial Services Authority (FSA) claims it is not aware of the long-running problems with transferring a Sipp to a different provider, but warns it will issue guidance should it be presented with evidence of sloppy behaviour.
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Guernsey: ‘business still coming through’ |
Caution recommended for offshore centres during slow market conditions
Offshore financial centres have so far managed to weather the global economic storm, but finance chiefs have told HNW they remain cautious.
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Trend for sustainable assets looks set for HNW success
Sustainable investments by high net worth individuals (HNWIs) will exceed E1trn by 2012, research by the European Sustainable Investment Forum (Eurosif) has revealed.
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Gem and metal price boom should prompt collectors to revalue
Jewellery collectors must beware of underinsurance as the price of diamonds and precious metals soars.
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Barnett: can be difficult to achieve simplicity when implementing tax rules |
Industry views at odds over potential benefits of reforms to capital gains tax
Despite figures indicating that 35% more people will pay capital gains tax (CGT) this year, industry figures claim that the tax reform’s benefits still outweigh the negatives.
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Banks tailor offerings for particular HNWIs
Private banks are launching more and more bespoke services to specific categories of high net worth (HNW) clients, with Indian HNW individuals (HNWIs) and sports stars the latest to benefit from
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Hall: benefits must be passed to the client |
Advisers’ message to wrap providers: It’s time to focus on client requirements
Having established itself as the technology model for servicing clients, wrap providers must do better to meet the expectations of their clients, say advisers.
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IFAs back investment in Middle Eastern markets
Move over China and India, HNWIs are now after a slice of the Middle East.
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Cann: firms are delivering a review service to clients |
Quality of advice shows signs of improvement
The Financial Services Authority (FSA) has recently distributed its latest Quality of advice findings. Even though it acknowledges that progress has been made, there are still some very worrying statistics appearing.
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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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Hudson hawks new holistic wealth model
Rob Hudson has been appointed by Chartwell as part of an ambitious plan to replicate Hargreaves Lansdown’s successful direct business and develop a holistic wealth management business.
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Langley: advisers must direct clients towards the long term |
Objectivity and fee-based services are the key
The credit crisis has permanently changed our view according to Pierre Bes, managing director at Barclays Capital London. “More than a year after the turmoil, the disasters have completely changed the way we look at investments. The focus is on liquidity, volatility, and credit related issues. How do you give clients confidence to invest in this market at this time? Private banks and their clients are tempted to maintain overly high levels of liquidity and absorb the performance hit. The value of credit ratings has declined and the significance of issuers is paramount. Diversifying asset classes has never been more important.”
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TAS 2008 – the finalists
It’s really not fair, is it? Summer is almost over and what have we seen of it? We all know people who wished for hotter summers. Well, now they’ve got what they wanted, I hope they’re happy that instead of the climate of the Riviera, we got south east Asia.
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Ruth Emery |
Cashing in the chips
As equities falls from the crest of the wave on which it has ridden for the past few years, investors are turning to the money markets
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Anna Sofat |
DB x-trackers Sterling Money Market ETF
REVIEWER: Anna Sofat - director, Addidi Wealth
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Lisanne Mealing |
Henderson Cash Fund
REVIEWER: Lisanne Mealing - managing director, mdm Associates
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Dane Halling |
Schroders Offshore Cash Fund
Reviewer: Dane Halling - director, Arcturus Investments
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Pádraig Floyd |
Sink or swim? Wraps are not plain sailing
For providers willing to commit, the wrap market’s evolution could result in financial success. But many obstacles lie in wait for the unwary or careless, says Pádraig Floyd
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Mark Polson |
Harvesting the potential of a growing market
Everyone seems to be debating the worth of wrap platforms, but is the industry working as a unit to ensure this burgeoning market becomes a success, asks Mark Polson
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Jan Regnart |
Those who embrace change will be the winners in wrap
The predicted future success of wrap has meant many players have been scrambling to get a foothold in the market, often regardless of flaws in the products being launched. But streamlining procedures will eventually result in a positive outlook for the industry, says Jan Regnart
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Ruth Emery |
Investors who build their houses on (the) rock
Despite its low profile in the past, Gibraltar is shaping up to be a strong contender for high net worth individuals keen to make the most of their money, says Ruth Emery
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Zoltan Molnar |
Reviews, restructures and a spot of house redecoration
With increased demand for pension scheme consolidation since A-day, client reviews are an everyday occurrence, says Zoltan Molnar
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Carol Hill |
For richer or
With divorce rates rising and multi-million dollar settlements leaving high-earners quaking, the prudent if less than romantic idea of a prenuptial agreement is becoming far more attractive. So why are UK courts dragging their feet, asks Carol Hill
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Georgina Vallance-Webb |
THE COHABITATION COCKTAIL: DON’T GET YOUR FINANCIAL FINGERS BURNED
With myriad possible ways in which people can divide their finances when cohabiting, having clear, concise legislation would be hugely beneficial. Unfortunately, the law is far from transparent, admits Georgina Vallance-Webb
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Barry Hardisty |
Testing times for managers and consumers alike
Using historical data to explain past performance of equities should be an essential tool for investment managers to manage their clients’ expectations, says Barry Hardisty
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There are often more questions than answers
Judging which product will best fit a client’s requirements is no easy task when selecting an ETF, and managers should ensure they look at factors other than cost to make the right choice, says Nick Shellard
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MacLaverty: will be helping Credit Suisse target clients outside of London |
Credit Suisse chases north west and East Anglia markets with two hires
Credit Suisse has snapped up two relationship managers in the continued development of its private banking business in the UK.
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Sheepshanks: keen to boost the region as a financial and commercial centre |
Coutts scores a winner with appointment of Sheepshanks
Coutts & Co has signed up former Ipswich Town Football Club chairman David Sheepshanks as regional chairman for Norfolk and Suffolk.
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UBS Birmingham team purloins octet from PwC
UBS Wealth Management has poached a team of eight from Pricewaterhouse-Coopers (PwC), doubling the size of its Birmingham-based operations.
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