bestinvest

M&G and Aberdeen top the table

Cental banks' credibility could be called into question

Both firms have been on the acquisition trail for several years

Run by Gareth Lewis and Ben Seager-Scott

Towry put up for sale in 2015

A financial planning and investment service offering regulated advice, guidance and execution-only services to the over-50s has been launched in a joint venture between Tilney Bestinvest and Saga.

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Investor money in poorly performing funds had doubled to £14.25bn over the past year, with Invesco Perpetual managing the most ‘dog' assets under management, Bestinvest reveals.