Wealth Management

Hargreaves Lansdown has launched six "ready-made" portfolios for non-advised investors, offering access to its £5bn multi-manager range for an ongoing fee below 2%.

Old Mutual Wealth has hired Architas' Andrew Miller as an investment specialist in its sales team as its increases its focus on advisers.

Sanlam Private Investments' chief investment officer Richard Champion has ended his 11-year stint at the firm in order to take a senior role at Canaccord Genuity Wealth Management.

Tilney Bestinvest has strengthened its board with the appointment of former Financial Services Authority chief John Tiner and Betfair CEO Breon Corcoran as non-execs.

The Financial Conduct Authority (FCA) could up the amount of easily accessible cash advisers have to hold a percentage of their yearly investment advice earnings, in a bid to stop firms failing in the face of a "normal" level of complaints.

Bob Woods, executive chairman of advice firm Mattioli Woods, is to pay out half the value of his 15.1% stake in the firm to his ex-wife under the terms of their divorce settlement.

European Wealth has announced plans to acquire financial planning firm ISM Solutions and further 'bolt-on acquisitions', after raising £2m through a share placement.

Barclays Wealth and Investment Management has appointed Eric Pinn to the role of head of UK distribution within the global investments and solutions (GI&S) team.

Succession Advisory Services is set to apply for discretionary permissions as the company looks to extend its offering.

Brewin Dolphin shares have dropped 10% after the firm's interim results revealed fresh pressure on margins.