Online investment service Digital Moneyfarm Investments has reported a loss of £12.5m in the latest tax year and said it expects for the losses to continue.
Moneyfarm's strategic report for the year ending 31 December 2018 revealed a loss of some £12.57m, slightly down from the previous year's loss of £13.93m. The firm's directors predicted the company's...
Increasing in lockdown
'No need to be an expert'
Re-platforming went well
Reducing amount of financial advice
Link Fund Solutions (LFS) has agreed to sell "a significant portion" of the stricken LF Equity Income fund's holdings to US firm Acacia Research Corporation for up to £223.9m.
Legal claims for compensation are being considered against the Woodford Equity Income fund's (WEIF) authorised corporate director (ACD) Link Fund Solutions, which is accused of early-stage failures in the fund's collapse, a failure to act in the best...
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