Articles
Gross and net flows for direct to consumer investment platforms continued their downward trend in 2023, hitting their lowest point in the fourth quarter of 2023, according to a new report.
IFAs complain Consumer Duty has made it harder to advise clients
Kevin
Six months after it was implemented, over two fifths (45%) of IFAs believe the Consumer Duty has made it harder to advise clients.
High Net Worth investors - those with assets of more than £250,000 - expect Labour would if a general election if it was held this week, according to new research.
Hartley Pensions in default as £36m in exit costs loom
Written by Kat MitchellThe Financial Services Compensation Scheme (FSCS) has declared SIPP and SSAS provider Hartley Pensions in default.
2 in 3 advisers say clients fear outliving their pensions
Written by Kat MitchellOver 2 in 3 (71%) financial advisers report that fear of outliving their pension savings was the primary concern expressed by retirement clients, according to a new report.
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Net new business dropped 38% year-on-year to £1bn for Hargreaves Lansdown for the six months ended 31 December 2023 (H1 2022/23: £1.6bn).
Statutory pre-tax profit at Jupiter Asset Management slumped by 84% to £9.4m for the year ended 31 December 2023 (2022: £58m) against a tough economic backdrop.
Investment provider Abrdn has launched a new MPS product, the Abrdn Money Market MPS, to meet client for a low risk MPS alternative to cash products.
Canada Life has reported record sales of individual annuities in 2023 of £1.2bn, up 121% on 2022.