Descending finance graph, decrease coins heap with arrow sign on wood block as graph symbol, business and econnomic recession, credit decrease or less saving money

Industry | 6 Feb 24

The Lang Cat: Advised platforms suffer record outflows in 2023

Outflows increased by 36.3% compared to 2022

Companies | 25 Jan 24

St James’s Place net inflows halve as Jefferies lists stock as ‘buy’

New CEO Mark FitzPatrick will review ‘all elements of the business’ as he plans for 2030

Edinburgh City and Castle viewed from Calton Hill on a beautiful winter morning with the Dugald Stewart monument in the foreground and the castle, Scott monument and Balmoral clock tower in the background.

Companies | 24 Jan 24

Abrdn confirms 500 redundancies in cost-cutting ‘transformation plan’ amid £12.4bn outflows

£150m of costs will be cut across the business over two years

Little boy covering his ears while his brother is yelling on him with megaphone.

Industry | 22 Jan 24

Trading tantrums: Should DIY platforms stop treating investors like children?

In restricting access to certain funds and trusts, are platforms making an assumption that DIY investors are incapable of grown-up value assessments?

Fees

Companies | 18 Oct 23

St James’s Place to overhaul charging structures amid ‘robust’ quarterly results

Changes will reduce the firm’s underlying cash result ‘over the next few years’