Brewin Dolphin

Brewin Dolphin saw a 6% fall in revenues over the 13 weeks to 31 December 2011, although assets under management grew, according to an interim management statement released today.

Lawyers hired by the FSCS to pursue claims against IFAs who recommended Keydata have sent out letters with the name and addresses of every firm it is chasing, including details of principals of appointed representative firms.

Investment management firm Brewin Dolphin has sold its pensions management division to actuarial firm Punter Southall.

Ashcourt Rowan has acquired a bad habit of losing staff and with rumours of more to follow it had better act quick to stem the tide.

Brewin Dolphin said it is in talks with the FSA about the fairness of regulatory fees after its half-year pre-tax profits were slashed from a near 10% increase to a 21% decline by a £6.1m FSCS levy.

Fund managers are misrepresenting the Financial Stability Board's report on ETFs to leverage their own position, said Brewin Dolphin's Ben Gutteridge.

Brewin Dolphin will dispose of its corporate and broking division to focus on investment management.

Private client investment manager Brewin Dolphin will be forced to pay out a £6m FSCS interim levy this year compared to just £1m last year.

Brewin Dolphin Holdings has reported a 43% increase in profits for the year against a backdrop of escalating regulatory costs.

Scottish Life is adding Brewin Dolphin to its panel of discretionary fund managers available through its pension portfolio.