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‘With many of the high street banks having withdrawn from the advice market, large numbers of people have been left in need of help with their financial affairs and investments,’ he said.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 Liontrust ESG head says sustainable investment doesn't mean low return

Liontrust ESG head says sustainable investment doesn't mean low return

Peter Michaelis talks about ethical investment growth and where he sees future opportunites.

Play Are platforms the biggest barrier to wealth manager ETF take-up?

Are platforms the biggest barrier to wealth manager ETF take-up?

Citywire hosted a roundtable discussion to find out how and if wealth managers are using ETFs in their clients' portfolios and the challenges they face trading through different platforms.

Play SVM's Veitch on what's next for banks

SVM's Veitch on what's next for banks

SVM fund manager Neil Veitch is finding value in what he describes as unstable financials and talks through his favourite small caps.

Read More
Your Business: Cover Star Club

Profile: UBS' robo boss on what his tween can teach the industry

Profile: UBS' robo boss on what his tween can teach the industry

Co-head of UBS SmartWealth Shane Williams explains the simple life lessons missed by the first wave of robo pioneers

Wealth Manager on Twitter