Wealth management

Wealth management is a sophisticated investment advisory service that encompasses financial planning and specialist financial services.

Wealth management aims to provide wealthy individuals and families with a bespoke tailored service based on their assets and circumstances and cover everything from real estate and investment management to tax compliance, retirement and inheritance planning.

There are now a vast number of specialist providers offering integrated wealth management services. They can help you take care of your finances and are a high-end investment product that is geared towards the wealthiest of individuals.

	MOJ revokes licenses of 209 claims management companies The Ministry of Justice has banned 209 claims management companies from operating for a variety of misdemeanours including charging fees when there is little chance of a successful claim.
	PPI and claims management companies: The inside story Some Claims Management Companies (CMCs) have a bad reputation and Which? has campaigned against them. I put some questions to Craig Lowther, managing director of a CMC, MoneyBoomerang to get his take on the common criticisms.
	HMRC staff criticise management policies HM Revenue and Customs has been criticised by its own staff over the way it is being run, with many highlighting top-level decisions as poor.
	UK household wealth up by £2.36 trillion since 2001 The combined increase in wealth enjoyed by the UK as a whole has reached £2.36 trillion, mainly due to the rise in house prices, new research from Lloyds says.
	Northern Rock Asset Management: Profits up and taxpayer repaid £2bn Northern Rock Asset Management the company set up to manage Northern Rock’s “bad bank” and Bradford & Bingley’s mortgages reports pre-tax profits of £1bn and a £2bn repayment of its government loan.