‘In dire need of an overhaul’ – the ACD system post-Woodford
One expert says it ‘feels a pretty low margin business compared to the risk of fines and compensation’
Author: Georgie Lee
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How fund managers are preparing for an all-but-nailed-on recession
The drag of operating with heightened cash is an important consideration, says one fixed income manager
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Platform industry enjoys ‘Olympic’ second quarter as net sales hit £17bn
Platforms with strong D2C offerings like Hargreaves Lansdown dominate, according to Fundscape data
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Aviva Investors operating profit doubles to £19m
7% revenue growth result of ‘high origination fees on real assets’ and positive market movements
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Property fund outflows finally ease in July as ESG highs continue
Redemptions slowed to £94m last month while ESG equity funds welcomed second-best month on record
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New research reveals crypto curiosity in financial advice sector is here to stay
Three quarters of advisers say their clients have asked about investing in cryptocurrency, according to an AJ Bell survey
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Quilter sees inflows spike 127% as group homes in on ‘UK-based strategic path’
H1 results follow the sale of Quilter International to Utmost for £483m earlier this year
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FCA mulls changes to speed up and simplify decision making in wake of scandals
Follows criticism of its handling of misconduct, including London Capital & Finance and Woodford
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Hargreaves Lansdown CFO steps down
Philip Johnson to leave D2C platform giant after four years for personal reasons
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SPW rakes in £100m as Lloyds client referrals spike 133%
Schroders and Lloyds JV picked up pace following pandemic struggles and string of senior exits
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Liontrust and Baillie Gifford see previous winners demoted in latest FE rebalance
Baillie Gifford American and Liontrust UK Smaller Companies see five-crown ratings stripped
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Rathbones profit soars ‘materially ahead’ to £48.8m
Funds under management and administration hits £59.2bn aided by Saunderson House acquisition