Old Mutual Global Investors (OMGI) is to transfer £63m of ISA accounts to Hargreaves Lansdown in 2018 as it concludes its current service no longer meets the expectations of investors.
OMGI said it will be withdrawing its administration service for ISAs with effect from 27 February 2018 and intends to carry out a bulk transfer of its ISA customers to Hargreaves Lansdown with effect from...
Following year of 'substantial investment'
Newly created position
Combined £36bn AUA
On investments above £2m