Charles Stanley has said it has achieved the first two steps towards becoming "the UK's leading wealth manager by 2020" but warned it embarks on the "hardest step" while facing numerous headwinds such as incoming regulatory frameworks and lower trading activity.
In interim results for the six months to 30 September, the group reported a number of strong figures, including a 53.3% increase in profit before tax to £6.9m, up from £4.5m for the previous six months...
Forcing KIID and prospectus changes
Countdown to 31 October
The Woodford Income Focus fund (WIFF) lost a third of its assets in the month of June alone, as investors continued to flee from funds managed by Neil Woodford, according to data provider Morningstar.
Artemis and Woodford
Broadening reach to wider audience