Old Mutual Global Investors (OMGI) has closed its ISA administration business and suggested investors transfer their holdings to Hargreaves Lansdown.
Investors have been offered the option free of exit charges. OMGI made the decision on the back of technological innovations, concluding that its current ISA and investment account services no longer met...
ISA tax relief cost £3.3bn in 2018/19
Second provider to offer cash LISA
60+ £300bn ISA savings
Three examples of compensation rule issues
'Reduction in time chasing progress reports'
Completion in 3 minutes
Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers