Woodford staff paid £510k following fund failure

The two remaining staff members at Woodford Investment Management received a total of £510,250 in salaries for the year ended 31 March 2021.

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Transact inflows up 34% to a record £7.7bn

Adviser platform Transact has reported a record £7.7bn of gross inflows for the year ending 30 September.

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Income up 12% at takeover target Charles Stanley

Revenue in the first half at wealth management firm Charles Stanley increased 12% year on year to £91.9m.

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Aegon reduces platform outflows to £53m

Aegon’s UK adviser platform has reduced its outflows to £53m for the third quarter - down 87% from the same quarter last year when it saw £420m in outflows.

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