The £721bn of 'dead money' British adults have sitting in bank accounts and ISAs represents a major opportunity for advisers to build relationships with new clients, according to Nutmeg.
Research by the online investment management service has indicated the average adult in the UK has a substantial £14,049.30 saved but no plans to do anything with it. The study found almost three-quarters...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year