In a quarter than has seen a rebound in equity markets, many wealth managers are reporting stronger business than during the difficult Q4 2018, but they are remaining mindful of the challenges ahead. PA's sister title Investment Week takes a look at the latest results.
Hargreaves Lansdown Hargreaves Lansdown has reported net new business of £2.9bn in the four months to 30 April 2019, bringing total assets under administration (AUA) to £97.8bn. Year-to-date net new...
Deal was announced in June this year
Departs in April 2021
Raft of portfolio management changes
Individual holdings breach limits
Pension boost from lockdown pain
Rishi Sunak has plans to freeze the lifetime allowance for the rest of the current parliament in a "stealth tax" on the wealthy, according to The Times.
Made 12 acquisitions in 2020