Aim-listed advice and investment firm Harwood Wealth Management has continued its run of acquisitions with a deal to buy an Ascot-based retirement advice specialist. Harwood has acquired the assets of Plan65 for up to £1.56m depending on performance, with an initial payment of £810,000 coming out of Harwood’s existing cash reserve and the rest of […]
The FCA has singled out mortgage prisoners, shopping around and a broker comparison service as areas of the market that need change. The FCA made the statements today in its interim report into mortgage market competition, first mooted in 2015. The report says a third of consumers fail to find the cheapest mortgage deal, but the […]
In recent years, there has been a raft of fund managers leaving large houses in order to set up their own boutiques. While it allows fund managers to escape the pressures and bureaucracy of a larger organisation, the boutique model can bring its own risks. Going it alone may seem appealing, but increasing regulation and […]
Peter Hargreaves has jumped to 42nd position on the Sunday Times Rich List, a climb of nine places from last year, after seeing his wealth grow £849m to £3.2bn. Hargreaves is no longer on the Hargreaves Lansdown board but has kept a 32.2 per cent stake in the company – the value of which has […]
By Jamie Clark, Business Development Manager The pensions revolution is almost upon us. As with any revolution, there will be winners and losers. The winners in this case could presumably be the politicians that orchestrated pensions freedom and choice just before the general election. As for the losers, there may be many thousands of people […]
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