Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration 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‘With many of the high street banks having withdrawn from the advice market, large numbers of people have been left in need of help with their financial affairs and investments,’ he said.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 Citywire Scotland: how wealth managers use new tech

Citywire Scotland: how wealth managers use new tech

We caught up with a few wealth managers at our annual event in Gleneagles to find out what technological innovations they are employing across their businesses.

1 Comment Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Read More
Wealth Manager on Twitter