Advisers’ platform priorities unmoved by Consumer Duty
Almost identical to previous years
News
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Ernst Knacke: The dark before the dawn
Head of research at Shard Capital Ernst Knacke encourages investors to remain vigilant as US recession risks surge
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Morningstar: UK multi-asset funds double US equities exposure in eight years
UK equities exposure has plummeted
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Openwork sells 30% stake to US private equity firm
Elena Lieskovska joins the Openwork board
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AXA IM: Bonds re-priced amid uncertainty but will be attractive longer term
AXA IM’s Chris Iggo shares his views
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FTSE 100 edges towards record high as trade deal hopes rise again
Index back to the 8,800 level
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IHT receipts continue to rocket as government eyes further hikes
£97m higher than the same period last year
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Treasury yields rise after weak 20-year auction
As Congress passes Trump administration’s tax and spending bill, which is likely to add over $3trn to US debt
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PEOPLE MOVES: Rathbones AM, Schroders, Mirabaud, Rockwood AM, Sparrows Capital
Multi-asset investment specialist joins
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Schroders Personal Wealth finds three-quarters of people don’t understand IHT
Compounded by 40% of people not having a will
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Mirabaud expands UK wealth presence with senior hire
David Smith joins from RBC Wealth Management
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UK inflation rises above expectations to 3.5%
April CPI print was driven by sharp increases to household bills