Almost three in five (58%) 30-to-60 year old investors have increased interactions with their financial advisers in the last 12 months, according to a new report.
The long-term prospects of the retail wealth management industry remain robust despite facing headwinds such as geopolitical uncertainty, rising costs, volatility and a shifting regulatory framework, according to a new study.
Troubled wealth manager and financial services firm WH Ireland said losses increased last year and it has given up trying to sell its wealth management after negotiations to unload the division collapsed.
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