Platform Nucleus has seen its post-tax profit double in its first results as a listed company. The company reported profit after tax of £2.2m in the six months to 30 June 2018, compared with £1.1m in the first half of 2017. Nucleus floated on the Alternative Investment Market with a market capitalisation of £139.9m on 26 […]
Embark Group’s platform saw its loss increase to £1.3m in 2017 from £90,000 the year before. Accounts filed to Companies House show the business, Embark Investment Services, grew its revenue in the 12 months ended 31 December 2017 to £1.4m from £1.1m in 2016. Total client numbers on the platform increased by 9,403 to 67,419, […]
The Royal Bank of Scotland is closing a further 54 branches in England and Wales, cutting some 258 jobs in the process. This cuts are the third round of branch closures for RBS in less than a year. The previous round was announced in May, which saw 162 branches shut and 792 jobs lost, following […]
Anthony Lynch, portfolio manager of the JPM UK Equity Plus Fund, JPM UK Equity Core Fund & the Mercantile Investment Trust, looks at the impact of Brexit on the housing market.
The National Association of Pension Funds (NAPF) recently published its 40th annual survey of workplace pensions. The survey looks at both defined benefit and defined contribution schemes.
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