Some £35m of investor's cash is lost annually across platforms that levy charges on their cash accounts, raising questions over the levels of cash being held by advised platforms, according to the lang cat.
The consultancy firm said levy charges on cash accounts were, in most cases, greater than current interest rate returns and so serve to erode cash holdings. According to the lang cat, cash holdings...
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Launched 1 September
Effective February 2021
Today at Westminster Magistrates Court
American-style capital protection barriers largely to blame
Professionals from across personal finance sectors have deemed the potential Royal London and LV= merger to be a “powerful opportunity,” but one that is “bound to be complicated”.
To offer multiple products