Brits forced to raid savings in order to cope with financial uncertainty September 23, 2025 The strain of the cost of living crisis combined with ongoing wider economic problems has forced Brits to change both their spending and savings habits in order to remain financially stable. According to the latest survey from St James’s Place, 18 per cent of 8,000 respondents have had to dip into their savings, while 41 [...]
Assets at Evelyn Partners hit a record high amid tax raid speculation August 29, 2025 Evelyn Partners has maintained its run of strong inflows, as speculation about pension changes drives customers to seek wealth management advice. The wealth management firm generated £3.7bn of gross inflows in the first half of the year, a seven per cent jump from the £3.5bn recorded in 2024. Assets under management (AUM) reached a record [...]
UBS invests in AI data platform amid financial services shift August 21, 2025 UBS, the world’s largest wealth manager, has announced an expansion of its partnership with enterprise AI platform provider Domino Data Lab, which includes a new equity investment. The move signals the bank’s focus on scaling AI across its operations, though it emphasises the need for robust governance and risk management to ensure a responsible rollout. [...]
Moneybox’s wealth focus helps treble inflows to record high August 21, 2025 Moneybox secured its second consecutive year of profitability in 2024 after swathes of new customers poured billions into the firm. The investment platform‘s net inflows more than trebled to £5.8bn, from £1.7bn the year prior – a jump of over 241 per cent. Assets under management also more than doubled to £11.7bn as the fintech’s [...]
Plus500 customer deposits more than double to record $3.1bn August 11, 2025 Plus500 has seen its customer deposits more than double to a record $3.1bn (£2.3bn) as wealthy investors piled in to its share trading app. The London fintech said the average deposit held by an active customer stood at $17,250 by the end of the first half of the year, a jump of 105 per cent [...]
Quilter: Net inflows rise as baby boomer wealth transfer looms August 6, 2025 Wealth management firm Quilter has bounced back as it braces for an increase in generational wealth transfers as inheritance tax rule changes creep closer. The wealth manager recorded a three per cent increase in adjusted profit to £100m as well as a one percentage point improvement in its operating margin to 30 per cent after [...]
How are the super-rich handling 2025’s wild market ride? July 31, 2025 Markets have had a wild ride in 2025. From whipsawing tech stocks to near-daily US tariff rule changes, the turmoil across a host of asset classes has proved tricky to navigate. Few are better equipped to ride out the storm than Britain’s super-rich, who have armies of advisers and wealth managers pouring over the data [...]
Rathbones profit drops but second half growth expected July 30, 2025 Profit at Rathbones suffered due to weak markets and an increase in costs,but it maintains its growth forecast for 2025. The wealth manager’s results, which were broadly in line with analyst expectations, revealed that underlying profit before tax declined to £107.7m from £112.1m, while net outflows hit £1bn up from £0.6bn. This was due to [...]
One in eight high earners with no inheritance ‘trapped by financial outgoings’ July 27, 2025 One in eight (12 per cent) people with a salary over £100,000, but with no parental wealth to fall back on, feel “trapped” by their current financial commitments, a survey has found. More than two-fifths (44 per cent) do not feel that they are able to comfortably meet their financial commitments each month, according to [...]
Britons miss out on maximising ISA allowance by investing too late July 23, 2025 UK consumers who delay investing in their ISA allowance until the end of the tax year could significantly reduce their potential for long term growth, analysts have warned. Investors who delay investing in stocks and shares ISAs have missed out on as much as £123,000 in compound growth over the past 20 years, according to [...]