Peter Hargreaves picks funds veteran for HL board under new shareholder arrangement
Billionaire founder chooses former Liontrust chairman Adrian Collins under new agreement with the board
Platforms
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UK investment industry enjoys savings boon as demand slump savages the economy
Some thrifty habits may stick around post Covid as savings ratio hits a record 29%
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Nick Kirrage among fund managers providing seed funding for new D2C platform
Tillit founder Felicia Hjertman has also brought former Baillie Gifford colleagues on board
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Fidelity International acquires low-cost D2C platform Cavendish
Fundsnetwork already powers the Cavendish investment platform
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AJ Bell taps LGIM to grow distribution firepower
Firm also promotes two members of the investment team in light of ‘continued growth in assets’
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Why wealth managers are a better play on UK savings market than platforms
Broker deems platform valuations too high but fund managers still see an opportunity to tap into future growth
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FNZ claps back after regulator halts merger
Wealth tech giant describes CMA’s measures as ‘unreasonable and disproportionate’
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Ben Yearsley and Gavin Haynes join forces with ex-Baillie Gifford manager to launch platform
D2C funds platform will offer a ‘more manageable universe’ of active and passive products
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Charles Schwab says idle baby boomers have underperformed during crisis
Younger investors are twice as likely to have made gains during the pandemic
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Covid-19 sees wealth industry add milk runs and friendly chats to its services for clients
Charles Stanley among investment firms leading the way with volunteer force of staff and clients
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Peter Hargreaves and Andy Bell hit out at UK plc for leaving retail investors out in the cold
Private investors represent 20% of coronavirus trading volumes but are being left out of equity raises
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Platform ‘bloodletting’ set to be ‘many times worse’ in 2020 from coronavirus hit
2019 net sales of £29.7bn were the worst in six years