Lloyds Expands Wealth Business
Lloyds Banking Group takes full ownership of Schroders Personal Wealth
Rebranded as Lloyds Wealth their services will be available to more than 3 million ?mass affluent? banking customers across Lloyds, Halifax and Bank of Scotland as well as Scottish Widows and new to bank customers.
Nutmeg rebranded to JP Morgan Personal Investing
One of the leading digital wealth management services in the UK has rebranded, reflecting its new owners name. It offers a straightforward and hassle-free way to invest via digital portfolios managed by advanced algorithms.
Their wealth planning tool aims to give you a more complete picture of your financial situation. By bringing together details of your investments, property, savings and debts in one place, it can help identify what changes may be needed to work towards your financial goals and lifestyle ambitions.
Social Trading Platforms and Copy Trading
Social trading platforms enable investors to share information, discuss investment ideas and copy the trades of other users. Could it be the financial education venue for you?
Copy trading lets you automatically mirror the trades of other investors ? but this comes with real risks. Just because someone has done well in the past does not mean they will continue to do so. The information available about any trader you follow may be incomplete or misleading, and your results could look very different from theirs. Before using any copy trading service, always read the risk warnings carefully so you fully understand what you are signing up for. Read our report with more details.
