Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Bestinvest teams up with The Times for new wealth service

Bestinvest teams up with The Times for new wealth service

The Times and Sunday Times have teamed up with Bestinvest to launch a wealth service.

The new firm, named Times Wealth Management, will open up an execution-only white-labelled service to readers of the national newspapers.

Readers will be offered four services:

* A non-advised online service with access to more than 2,000 funds

* Personal financial advice from a Bestinvest adviser, which involves an annual portfolio review and asset allocation advice

* Model portfolios run on a discretionary basis

* A full wealth planning service, including advice on pensions and inheritance tax, and regular reviews

The charges levied are the same as the main Bestinvest service, with all proceeds split between the papers’ parent company News UK & Ireland and Bestinvest.

Bestinvest chief executive Peter Hall (pictured) said the service aimed to fill the void left by banks exiting advice.

‘With many of the high street banks having withdrawn from the advice market, large numbers of people have been left in need of help with their financial affairs and investments,’ he said.

‘We are therefore delighted to be partnering with The Times and Sunday Times to provide a comprehensive and competitive range of services to suit the needs of readers, whether they choose to manage their own investments or want the help of a trusted and qualified adviser.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter