Oaktree Capital Management is to rename Sanlam Wealth as atomos after acquiring the business from Sanlam UK.

Sanlam UK is to cease charging VAT on its model portfolio services (MPS) from 1 April.

The vast majority of HNW individuals (78%) believe that setting Financial Planning targets is important but only 1 in 4 have spoken to financial adviser this year, preferring to adopt a 'hit and hope' approach, according to a new survey.

Sanlam UK, part of the international financial services group Sanlam Limited, has completed the acquisition of the Thesis Asset Management.