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Tracking the moves towards vertical integration

Asset and wealth management are inherently more scalable than providing financial advice. This is helping to drive the sector-wide trend of vertically integrated firms harvesting profits right up through the value chain.

The Morning Briefing: Transact triumphant and Covid debt

20 th April 2021 8:40 am Good morning and welcome to your Morning Briefing for Tuesday, 20 April, 2021. To get this in your inbox every morning click here. Transact triumphant  Advisers placed more than £2bn with Transact during the quarter ended 31 March 2021, which resulted in the platform’s highest ever quarterly gross and net inflows. The platform closed the period with £46.9bn funds under direction. It says this was driven by advisers’ positive reaction to price reductions announced in December last year. In her latest column for Money Marketing, Progeny Wealth associate director Anna Sofat outlines why it’s important to take the mood music on what clients think about Covid debt.

We will add more capabilities - Vanguard s Hagerty opens up on new advice service

We will add more capabilities - Vanguard s Hagerty opens up on new advice service
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