Hargreaves Lansdown has seen assets under administration grow around 10 per cent to £67.6bn, despite low investor confidence weighing on new business flows. In a trading update, published today, the company says the rise in assets and the strong demand from clients to trade shares in the wake of the Leave vote helped it reach […]
Advisers are urging clients to stay the course in the face of Donald Trump’s presidential victory, despite fears markets will continue to dive on the news. A poll by Opinium suggests that four out of five UK financial advisers predicted a Trump win would damage investments ahead of the vote. Only four per cent thought a […]
My last column looked at the work we have been undertaking with the FCA to provide guidance on suitability reports. The aim of this guidance is to give advisers greater confidence on how to structure information in a way that encourages consumers to engage with the report document, while protecting themselves in the event of […]
The news former Investment Association chief executive Daniel Godfrey is going into direct competition with the groups that did not support his wish for transparency is something to be watched with interest. I have to say, the £100,000 being raised to kick-start the development of his new investment company The People’s Trust looks inadequate. I […]
A recent survey of employers, carried out by Jelf Employee Benefits, suggests that many employers intend to utilise the new Fit for Work service in some form as an absence management tool.
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