Fund manager and wealth manager M&G has appointed mergers and acquisitions legal expert and Treasury board member Edward Braham as its new chair on an annual fee of £525,000. He will take up his new role on 14 March from Fiona Clutterbuck, interim chair since January 2021. She will now resume her role as senior independent director. Mr […]
Archives for 2022
M&G hires M&A expert as £525,000 new chair
Fund manager and wealth manager M&G has appointed mergers and acquisitions legal expert and Treasury board member Edward Braham as its new chair on an annual fee of £525,000. He will take up his new role on 14 March from Fiona Clutterbuck, interim chair since January 2021. She will now resume her role as senior independent director. Mr […]
Chartered Planner to be MD of £1bn FUM business
Chartered Financial Planner Tom Barnett has been promoted to be managing director of two wealth management and Financial Planning firms with £1bn under management and advice. The firms are wealth manager Craven Street Wealth and sister company Canterbury-based Chartered Financial Planning firm Kreston Reeves Financial Planning. Mr Barnett joined Kreston Reeves in 2007, qualifying as […]
Brooks and 7IM deny £37bn merger plan
Sky News is reporting that wealth manager and Financial Planner Brooks Macdonald is plotting a £300m bid for fund manager 7IM. Both companies, however, have poured cold water on the speculation. Spokesmen for both firms denied to Financial Planning Today that any talks were taking place. {loadposition hidden2} According to a Sky Business News report, Caledonia […]
Business Update – 23 February 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Australia Welcomes Back International Tourists After almost two years, vaccinated international tourists and business travellers began arriving in Australia with few restrictions. Prime Minister Scott Morrison said 1.2 million people had visas to […]
Frank Paré talks diversity, institutional change and those sensitivity training videos
Family offices see next leaders ceding profit in succession rift
‘Ideal’ retirement income is £22,500 a year
The ideal retirement income is £22,500 per annum, according to new consumer research. The over-55s with defined contribution pensions who plan to buy an annuity say £22,500 is their ideal target retirement income. The figures back up recent research by the trade body the PLSA (Pensions and Lifetime Savings Association) on what pension savers consider to […]
One Question Financial Advisors Should Ask To Convert Prospects Into Clients
For financial advisors, one of the main challenges of the initial meeting with a prospective client is demonstrating the value of financial advice – and showing the prospect how they would benefit from becoming a client. But it isn’t always easy for advisors to articulate this value in a way that resonates with the prospect. […]
