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Wealth Management

  • Wealth managers have lost a fifth of customers due to this issue

    July 4, 2024

    Wealth managers are losing a fifth of customers due to poor complaint procedures, bringing into question the state of the colossal industry, a new study has revealed.

  • Election 2024: Benefits ‘less dignified’ than work, Starmer toughens welfare line

    June 23, 2024

    State handouts don’t deliver the “same sense of self-reliant dignity as a fair wage”, Sir Keir Starmer has said, as he toughens his party’s line on welfare.

  • Barclays throws its weight behind fast-growing London wealthtech

    June 4, 2024

    London-based fintech WealthOS has raised £4m in an investment led by Barclays.

  • Election 2024: ‘Wealth creation’ top Labour priority despite higher tax call

    June 3, 2024

    Labour has been urged to bring in “higher taxes on wealth” in a bid to raise revenue - despite Sir Keir Starmer insisting his priority is “wealth creation”.

  • Premier Milton: Fund manager reports mixed results amid ‘challenging’ environment

    May 30, 2024

    Chair Robert Colthorpe noted that while that had been some recovery in several investment markets, there was "weak industry level net flows" from UK retail and wholesale investors.

  • Rathbones merger with Investec Wealth ‘progressing well’ but outflows ‘elevated’

    May 9, 2024

    "The integration of IW&I is progressing well with run-rate synergies now £10.6m, up from the £8.0m reported at 31 December 2023," Stockton said.

  • St. James’s Place shrugs off uncertainty as wealth manager continues to pick up assets

    April 30, 2024

    Thanks to inflows and a positive market performance during the first three months of the year the company ended the first quarter with closing funds under management of £179bn.

  • ‘Look at America’: Why this delisted money manager is calling for faster City reform

    April 29, 2024

    Government efforts to save the London Stock Exchange are “too small” and listed firms are being hamstrung by unnecessary red tape in the market, the boss of newly de-listed asset manager Gresham House has warned.

  • Schroders chief Peter Harrison set to retire next year

    April 24, 2024

    The veteran chief of Schroders, Peter Harrison, is set to step down next year after eight years at the helm of the FTSE 100 funds group, the firm announced today.

  • Quilter: Wealth manager attracts surge of fresh cash as stock markets rebound

    April 24, 2024

    Wealth manager Quilter has pushed up the amount of cash managed in its funds in the first three months of the year after a surge in fresh inflows and a rebound in global equity markets.

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