Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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‘With many of the high street banks having withdrawn from the advice market, large numbers of people have been left in need of help with their financial affairs and investments,’ he said.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 HSBC's Stephen King warns of 'enormous' Brexit deficit danger

HSBC's Stephen King warns of 'enormous' Brexit deficit danger

Brexit will weaken the economy, fail to boost exports and lessen the country's ability to fund its 'enormous' deficit, according to HSBC's senior economic adviser Stephen King.

Play Premier's Smith: electricity and water can be a good mix

Premier's Smith: electricity and water can be a good mix

Exposing your person to electricity and water simultaneously is ill-advised, but what about your portfolio?

Play Citywire 10k: video highlights

Citywire 10k: video highlights

Citywire held its sixth annual charity run last week, which hosted over 200 people and raised £14,000. Here are the video highlights.

Your Business: Cover Star Club

Profile: how to control your destiny in an age of regulation

Profile: how to control your destiny in an age of regulation

‘RDR was good news to us because it aligned our practices with the industry,’ says Courtiers boss Jamie Shepperd

Wealth Manager on Twitter