Smith & Williamson Investment Management’s Managed Portfolio Service has added BlackRock’s Gold and General fund in anticipation of resurgent inflation over the next few years.

The merger of Tilney and Smith & Williamson completed this morning with the group being renamed Tilney Smith & Williamson.

I am a great believer in applying logic and common sense to situations and avoiding panic. Unless you are in a burning house panicking probably never really helped anyone at anytime and even in a burning house I’m not so sure it would help.

Shareholders of wealth manager Smith & Williamson have voted today to approve the merger of the company with Financial Planning and wealth management rival Tilney.