Latest News - Jack Gilbert
Mattioli Woods chief operating officer exits after 19 years
The wealth manager is now looking for a new compliance director to replace Mark Smith
FCA in ‘radical’ clampdown on banks’ £2.4bn overdraft fees
The FCA has announced a ‘radical’ clampdown on overdraft charges, which banks made £2.4 billion from in 2017 alone.
London DFM agrees with FCA to stop all regulated activity
In another development, two Organic-managed funds with more than £40 million worth of assets have been suspended.
Robo-adviser teams up with price comparison site for new app
Digital advice firm OpenMoney has teamed up with price comparison site uSwitch.com to offer clients recommendations on household bills.
Prime Minister May to face no-confidence vote tonight
Conservative rebels have triggered the required votes for a no-confidence vote in Prime Minister Theresa May.
Invesco abandons deal with D2C platform tech provider
Asset management giant Invesco has pulled an agreement with Dutch direct-to-consumer (D2C) platform technology provider Ohpen.
M&G Prudential to cut charges on three fund ranges after passive switch
In a move that could herald a shift in strategy to passive, M&G Prudential will overhaul three fund ranges next year with names, charges and objectives changed.
Quilter adds to regions with three IFA buys
National advice firm Quilter Private Client Advisers has announced a trio of acquisitions, taking its total firms bought this year to 11.
AJ Bell to be valued at £675m as IPO price revealed
Wrap platform AJ Bell has unveiled its IPO price range, which will give it a valuation of between £626 million and £675 million.
FCA urged to expand platform exit fee clampdown
The Financial Conduct Authority (FCA) has come under pressure to widen its possible ban on platform exit fees to include older-style pension products.
FSCS hit with 1,400 Beaufort Securities mis-selling claims
The FSCS has received 1,400 mis-selling claims over collapsed stockbroker and discretionary fund manager (DFM) Beaufort Securities.
Share Centre: why I believe Brexit won’t happen
Chief executive of The Share Centre – a Brexit supporter – explains why he thinks a second referendum is inevitable and a divided nation will change its mind
A 'transformational' moment for wealth fee models?
Confusion continues to reign as wealth managers face a three-month deadline to disclose more detailed breakdowns of their charges to clients for the first time
'Spaghetti junction': 10 voices on May's historic Brexit loss
With three months left before the UK is set to leave the EU, a cloud of uncertainty hangs over the markets