Articles
Less than half of Britons using full ISA allowance
Written by Kat MitchellOnly 47% of Brits with more than £50,000 of investable assets are using the full annual ISA allowance, new research reveals.
Tavistock rebuffs fund manager acquisition attempt
Written by Kat MitchellFinancial Planning and wealth management firm Tavistock has rebuffed an acquisition attempt by Jersey-based fund manager TEAM plc.
Revenues dip at Fintel as it seeks acquisitions
Written by Kat MitchellFintel, formerly known as SimplyBiz, has reported a drop in revenues and profits in its 2020 results as the adviser support company seeks more acquisitions.
Assets under administration at investment platform Nucleus rose 7.9% year on year to £17.4bn in 2020, but profits after tax dropped 47% to £3.2m, as the platform gears up for its acquisition this year by rival James Hay.
Sharp fall in firms offering DB transfer advice
Written by Kat MitchellThe proportion of adviser firms offering defined benefit transfer advice dropped by nearly half to 22% in the last year, according to new research.
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There were no doubt a few rolled eyes recently at our story reporting that over half of adults do not trust financial advisers.
Record low interest rates are fuelling a stocks and shares ISA boom at one provider.
Schroders Personal Wealth (SPW), the Financial Planning joint venture by Schroders and Lloyds Banking Group, has launched three new Multi-Manager fixed income funds.
The DWP is to spend £400,000 funding a trial of mid-life ‘MOTs’ - schemes to help people “take stock” of their health, skills and wealth as part of a later life planning initiative.