Neptune's profits before tax fell nearly 40% in 2012, with assets under management down 7.5%, after what the group called an "extremely difficult year for equity investors".
The asset manager's profit before tax was £12.8m for 2012, down from £21.1m in 2011, its annual results have revealed. Turnover - predominantly from management fees - also fell from £95m to £85m, while...
Customer numbers rise an average 3.1% across all providers
Base rate 0.1%
Quilter's Jennifer Christian joins as investment specialist
Due to Covid-19
Lowest CPI reading since August 2016
UK investors lost hundreds of thousands of pounds
Lifts advisers to seven
Income from advice fees down