So-called 'best buy' lists have come under intense scrutiny in recent weeks, writes Tom Ellis - so much so, in fact, it raises questions as to whether platforms should even be allowed to offer their own versions
Hargreaves Lansdown's Wealth 50 list's unyielding support for Neil Woodford through 24 months of poor performance - right up until his Equity Income fund's suspension, has raised questions among critics as to how useful, or indeed how damaging, they can be for unadvised clients. Indeed, the D2C platform giant's championing of Woodford through thick and thin even seems to have prompted London business newspaper City AM to run a piece that pitted the best buy list opinions of Boring Money CEO Holly Mackay (pro) and Nutmeg chief investment officer Shaun Port (anti) against each other. N...
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