Archives for 2021
Wesleyan sells bank arm to Hampshire Trust Bank
Specialist lender and savings provider Hampshire Trust Bank is to acquire Wesleyan Bank, the savings and ISA arm of Wesleyan Assurance Society. Wesleyan Assurance, a 180-year-old financial services mutual, decided to sell off its banking arm after a strategic review. The acquisition will see 115 employees of Wesleyan Bank transfer to Hampshire Trust Bank (HTB) […]
The Ins and Outs of a Budget Surplus
If you have more money at the end of the year than you expected, you might think you have a budget surplus. But, is that what a budget surplus actually is? Keep reading to find out what is a budget surplus, the budget surplus definition, and more. Generally, a budget surplus applies to governments and […]
10 ways RIAs and hybrids differ, by the numbers
NatWest faces hefty fine for money laundering
National Westminster Bank Plc has pleaded guilty to money laundering offences related to £400m transferred to a Bradford gold dealer. The bank entered guilty pleas at Westminster Magistrates’ Court this week to criminal charges brought by the FCA under the Money Laundering Regulations 2007 (MLR 2007). NatWest accepts that it failed to comply with regulation […]
Kitces & Carl Ep 70: The Paralyzing Fear Of Being Wrong (In Our Planning Projections)
Presenting a financial plan to a new client offers an opportunity for advisors to answer questions and problem-solve… and to build trust between an advisor and their new client. Clients rely on advisors to create plans that provide a clear path towards their financial goals. However, at the same time, advisors know that even the […]
Net unrealized appreciation tax strategies for modestly appreciated stock
LPL to pay $750k after client allegedly defrauded Puerto Rican city
5 questions for Stifel Independent Advisors CEO Alex David
FE fundinfo acquires Down Under fintech
Expanding fintech FE fundinfo, which provides fund data and tech services in the UK and worldwide, has taken over Australian firm Zenith Group in a deal which includes including Zenith Investment Partners and Chant West, a research and ratings firm. FE fundinfo has recently been on the acquisition trail and in the past year […]