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SimplyBiz enters Aim market at 170p a share

Support service provider SimplyBiz has completed its listing on the London Stock Exchange. SimplyBiz, which also offers its own range of funds and panel services to providers, issued its entire share capital to the Aim market at 8am today. With a placing price of 170p per share, the firm has achieved a market capitalisation of […]

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The march to independence: Will more big players ditch the restricted brand?

As a number of sizeable restricted businesses ditch the label in favour of independence, advisers are questioning whether more firms will make the move back to whole of market. While many of the largest firms in the market still offer restricted advice, the majority of smaller firms continue to opt for independent status post-RDR. The […]

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True Potential in-house fund range more than doubles to £4bn

True Potential has grown assets in its discretionary portfolios by £2.1bn in 2017. In its annual results, published today, the platform says it has attracted £3.8bn assets in its in-house funds in 2017, up from £1.7bn in the previous year. Assets into the funds were at £0.7bn in 2015. Since launch in October 2015, True […]

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Don’t bank on a hike just yet

Jonathan Platt, head of fixed income at Royal London Asset Management, highlights three bond market trends this week and says don’t bank on a hike just yet. Read the article here The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not […]

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