March 13, 2026

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Wealth Management

Permira’s long Evelyn hold showcases UK wealth management’s M&A evolution

Chris Pell, Permira Permira’s 12-year hold of wealth manager Evelyn Partners involved a host of twists and turns, from several rewrites of its entire investment case to convincing its investment committee that a longer hold was in order. It’s a journey that tells the story of the shifts in European financial services M&A of the

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Fund

Ministers say billions in SEND funding will make schools more inclusive

Responding to the announcement of more money targeted towards making mainstream schools more inclusive, Matt Wrack, general secretary of the union NASUWT, said: “£1.6bn over three years may sound like a lot of money, but it equates to just a few thousand pounds per setting.” He said it was “ridiculous” to suggest the system could

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Wealth Management

Why Are We Not Growing Capability in Indian Private Wealth Management? – The Private Banking Merry-Go-Round

As India’s wealth management industry continues to expand alongside rising disposable investment income and increasingly sophisticated client needs, the question of talent is once again moving to the forefront of strategic debate. This formed a central theme during a recent closed-door advisory committee roundtable convened by Hubbis to help shape the agenda for WealthTHINK

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Energy

Ofgem to announce new energy price cap from April this week

Average annual bills are forecast to fall to £1,641 from April 1, but campaigners warn fuel poverty will continue year-round with no further support planned after winter. 7 things you should do before turning the heating on Millions of households will still struggle to afford their energy bills this year despite a forecast fall in

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Technology

Facial recognition technology to be trialled on passengers at Holyhead – The Irish Times

Thousands of Irish travellers will be scanned by live facial recognition technology this week as part of UK immigration enforcement efforts at Holyhead port. Live facial recognition allows authorities to scan faces and compare them against databases in real time to identify offenders or other people of interest. The use of the controversial technology at

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Wealth Management

Schroders will keep wealth manager Cazenove

Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let me

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Wealth Management

Schroders chief vows to keep wealth manager Cazenove after £9.9bn takeover

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Schroders’ chief executive has pledged the company will retain its wealth management business Cazenove following a £9.9bn takeover by US fund manager Nuveen. Richard Oldfield told the FT there was “absolutely no reason to think”

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Energy

Energy crisis cost Scottish economy £11bn, study finds

New figures show the recent spike in energy prices cost Scotland’s economy £11 billion, leading to renewed calls for the country to end its “dependence on international fossil fuels”. A new report by the Energy & Climate Intelligence Unit (ECIU) calculated the direct additional costs faced by businesses, households and other “energy consumers” between 2021

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Wealth Management

Pollution from trucks and buses costs Australians $6.2bn in health effects each year, study finds | Environment

Air pollution from trucks and buses is costing Australians about $6.2bn each year due to the health effects of exposure to vehicle exhaust, a University of Melbourne study has found. Like cigarette smoke, heavy vehicle exhaust is a mixture of tiny toxic carbon particles and gases that cause inflammation when inhaled, and is associated with

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Energy

Exact date energy bills could fall after Government promised cut

Gas and electricity statements could be slashed after the Chancellor outlines shake-up which will see more cash in householders pockets Brits will soon find out whether they’ll see a drop in their energy bills(Image: Getty Images/iStockphoto) Brits could be in store for a fall in their energy bills in a shake-up of costs after the

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