UK wealth managers hit as AI contagion spreads
St James’s Place leads declines with double-digit slide on FTSE 100
St James’s Place leads declines with double-digit slide on FTSE 100

UK wealth manager’s net inflows climbed as investors sought to shield themselves against potential tax changes

UK’s largest wealth manager has staged a turnaround and is attempting to attract advisers despite scrapping perks and fees

Talks with private capital firms have focused on operational hurdles for retail customers

Stocks from insurance to property and wealth management punished after new tech launches

Number of private wealth-management companies for rich individuals has grown in the US over the past decade

Move by Lloyds Banking Group-owned pension provider comes as government pushes for more investment in British companies