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Latest News - James Phillipps

Standard Life drops the Wealth in major rebrand

Standard Life Wealth will become Aberdeen Standard Capital in a major rebrand of the £6.5 billion business.

Former Barclays execs plead not guilty to fraud as trial starts

Four ex-Barclays executives appeared in court yesterday and pleaded not guilty to committing fraud by false representation during the bank’s Qatari fund raising activities in 2008

5 shares the pros are buying and selling

Our regular roundup of trades by professional investors, including four Citywire AAA-rated fund managers' latest buys

Hargreave Hale trio exit to set up Raymond James firm

Branch principal Neil Jones and his colleagues Ian Kavanagh and Victoria Macdonald will provide bespoke portfolio management to private clients, trusts and pension funds

UBS and C Hoare veteran joins family office start-up

Owl Private Office, the wealth advisory firm set up by Lord North Street alumni, has hired a UBS Wealth Management and C Hoare veteran as a partner

John Spiers: ‘We would be stuffed without pension freedoms’

EQ Investors made its first ever profit in October, but chief executive John Spiers admitted wealth management was ‘not an easy business to be in’.

FCA confirms debt adviser ban after admin glitch

The Financial Conduct Authority (FCA) has confirmed banning of the owner of a debt management business after he misappropriated £322,500 in client funds.

Fraudster trying to trick L&G and Aviva over Grenfell jailed

Ruksana Ashraf from Edinburgh was sentenced to three years in prison after being found guilty of fraud by false representation and money laundering offences at Inner London Crown Court,

Fed defies Trump sparking biggest post-rate rise sell-off since 1994

US and Asian equities nosedived after the Federal Reserve defied Donald Trump by raising interest rates by 25 basis points to 2.5%, sparking a 1.5% sell-off in the S&P 500.

Caledonia Investments moves to AIC’s flexible investment sector

Caledonia Investments has been reclassified by the Association of Investment Companies (AIC) and moved from the global to flexible investment sector.

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