GLOBAL - Professional and financial services group Smith & Williamson and investment management firm NCL have merged to create one independent fund management, financial advisory and accounting group.
Canadian investment management group AGF Management, NCL’s largest shareholder, has subscribed approximately £28.7m of new capital in the enlarged business.
The merged firms had combined revenues of £100m in the last financial year and over £5bn of funds under management.
Investors, driven by depressed interest rates, slower global economic growth and rich equity market valuations are examining non-traditional investment opportunities.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up