Client segmentation in the digital age
Sanlam UK made £10m from the sale of its stake in advice network Intrinsic to Old Mutual Wealth.
Investors are getting dismal interest rates when they hold cash on the UK's biggest advised platforms, with some actually making a loss after fees, an investigation by Professional Adviser has found.
A "combination of politics and pensions" contributed to slower sales across platforms in the first three months of the year, with the year-on-year (YOY) asset growth rate also receding, according to research.
Adviser platform Nucleus received £510m in new assets in the first quarter of the year, following 'record' inflows in 2014.
Retail fund management is "out of control" and should borrow ideas from the institutional sector to radically reorganise, Nucleus chief executive David Ferguson has said.
David Ferguson on Standard Life's move into advice
All this week's key events, hires and fires (plus a quick joke)
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