UK regulator accused of lacking bite
As it fails to hold anyone to account a year after the Woodford scandal
Author: Kristen McGachey
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Covid-19 deals ‘striking’ blow as UK economy contracts 2%
‘Markets are now putting any last hopes of a v-shaped recovery to rest’
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Blackrock’s largest shareholder to sell 22% stake
As it hunts for bargains brought by the outbreak of the covid-19 pandemic
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FCA takes legal action against unauthorised adviser
Watchdog claims he has been using social media platforms to give investment advice
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‘Another slap in the face’ for trapped Woodford investors
Neil Woodford’s rumoured bid to return to the limelight draws ire
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Schroders advice business adds £100bn to AUM
But questions over whether it can rival SJP’s size in short time frame
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SJP bucks trend of anaemic growth among DFMs despite scandals
Woodford holdings and sales perks fail to derail flows at FTSE 100 wealth firm
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Advisers pester fund groups to cut fees
Despite only 9% having cut their own costs in recent years
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HSBC best buy list could confound DIY investors
‘How would your average punter differentiate between four balanced funds?’
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Interactive Investor to join forces with UK platform
M&A in the the space has been ramping up
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Chase de Vere draws comparisons with SJP over sales culture
Advice firm hits back at claims its culture is focused on sales rather than clients
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Hargreaves takes in over £300m from first Woodford payment
One multi-manager fund had more than 10% in the suspended fund