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Over 65s want to stay in their own homes – Comment from Stonehaven

Following the survey compiled by the Equity Release Council which revealed 70 per cent of over 65s want to stay in their own homes in retirement but one in five cannot afford essential repairs, Georgina Smith, managing director of Stonehaven, said:  “In a climate where people are living longer and pensions have not met people’s expectations, […]

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Menzies Business Recovery launches Forensic Service

Menzies Business Recovery, the insolvency division of Menzies accountants, has launched a specialised forensic services department to provide a full range of corporate accounting investigation and intelligence services. Menzies Forensic Services will specialise in forensic accounting and financial investigation assignments, involving both civil and criminal litigation and offer a full range of corporate investigation and […]

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Pension reforms could increase costs for consumers – Comment from TCC

Ian Stott, Client Services Director at The Consulting Consortium, responds to Queen’s Speech on pension reforms: “The industry has to embrace a new pensions landscape, not only in the way that new products and services will have to be developed but crucially in how they are subsequently regulated. The changes may lead to an increase […]

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LLPs must heed the Supreme Court’s decision on “worker” status

Limited Liability Partnerships (“LLPs”) should heed the recent Supreme Court decision in the Clyde & Co v Bates van Winklehof case says Ferdinand Lovett, associate at Sackers, the UK’s leading law firm for pension scheme trustees and sponsors. The Supreme Court ruling confirms that members of an LLP can be “workers” for the purposes of whistleblowing legislation […]

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Abi Oladimeji comments on the ECB’s monetary policy decision

Abi Oladimeji, head of investment strategy at Thomas Miller Investment, assesses the implications of the ECB decision for the Eurozone economy and financial markets. “In recent weeks, government bond yields in the Eurozone had fallen to multi-year lows, primarily driven by a combination of falling inflation and rising expectations for further monetary stimulus by the […]

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BNY Mellon Named Depositary by Jumei for its Initial Public Offering in the U.S.

NEW YORK, May 28, 2014 – BNY Mellon, a global leader in investment management and investment services, has been appointed by Jumei International Holding Limited as depositary bank for its American depositary receipt (ADR) program. Each ADR represents one Class A ordinary share and trades on the New York Stock Exchange under the symbol “JMEI.” Jumei is China’s No. 1 online retailer of […]

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Morningstar Appoints Dan Kemp as Co-Head of Investment Consulting and Portfolio Management for Morningstar Investment Management EMEA

Dan Kemp has been named co-Head of Investment Consulting and Portfolio Management for Morningstar Investment Management EMEA, a unit of the Morningstar Investment Management group. He takes up his role on Monday, 2nd June Kemp will co-lead Morningstar’s EMEA investment consulting and portfolio management team with Robin Johnson, senior investment consultant. Together, they report to Daniel […]

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The DFM industry is not dynamic enough

DFMs struggle to tailor solutions and translate portfolio performance. The DFM industry continues to struggle to be truly focused on clients’ investment objectives finds a roundtable hosted by Thomas Miller Investment, a member of the 128 year old Thomas Miller Group of companies. Financial advisers, DFMs, lawyers and consultants emphasised the on-going challenges the industry […]

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Mitsubishi UFJ Fund Services completes Meridian acquisition

Hamilton, Bermuda – 28 May, 2014 – Mitsubishi UFJ Fund Services, a leading global asset administrator, has completed its acquisition of Meridian Fund Services Group (Meridian) on 27 May, 2014. The deal was completed as part of the ongoing growth strategy of Mitsubishi UFJ Fund Services, part of Mitsubishi UFJ Financial Group (MUFG). The Meridian acquisition […]

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TT Club appoints Claims Director

The TT Club, the leading international transport, freight and logistics insurance provider, has appointed Robert Kempkens as claims director. Based in London, he will be responsible for overseeing global claims handling for the TT Club. Robert joined the TT Club in 2006, becoming Regional Claims Director for Europe, Middle East and Africa in 2010. He […]

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