United Kingdom
PEOPLE MOVES: Aviva Investors, Evelyn Partners, GSB Capital
As investment manager makes six hires, another hires global head of sustainable investing
Two thirds of UK investors use AI for investment advice
But a blended approach between AI and human touch is still favoured
Advised platform outflows reach record high
Contributing to hardly any asset growth for advised platforms
AMPS announces new committee and opposes DWP levy proposals
As it proposes to increase the levy rates for schemes with less than 10,000 members
Wealth management sector paid out £3.8m in FCA fines this year
An FOI request by Oxford Risk has revealed