Standard Life published a decent set of results and announced it will adapt its small advice force from retirement to incorporate IHT. It will also launch targeted support later this year. Professional Adviser reports.
It is an interesting signal which Octo Members focused on as a broader sign of how the market will have to do to adapt to the IHT and pension changes.
Early last week, the Chancellor John Healey gave a major speech. At lot was about fiscal devolution and sharing some revenue with mayors. There were few details of huge relevance for advisers, but Healey did seem focused on not fuelling Budget speculation. That may be an improvement on the previous Chancellorship. The BBC reports.
Some in financial services feel more confident in the wake of the speech which did appear to rule out further borrowing, as FTAdviser reports.
A big buy in the market. Atomos swoops in to buy MWA Financial adding almost £1bn assets under management to form what is being described as a major financial planning firm if not the top one.
Aviva/Succession is to roll-out streamlined advice for sub-£500k clients, as Citywire New Model Adviser reports.
International events are not bringing good news on the economic front with the rising oil prices, inflation and bond markets. The Guardian reports on the difficult situation.
