The Morning Briefing: New strategies, same compensation
4 th March 2021 9:32 am Good morning and welcome to your Morning Briefing for Thursday 4 March, 2021. To get this in your inbox every morning click here. Schroders Personal Wealth sees outflows Schroders Personal Wealth has reported net outflows of £200m in its results for 2020. That might explain why the firm’s goal to become a ‘top three financial planning business’ was recently pushed back by two years. In 2019, Schroders PW net inflows stood at £12.6bn, but this was largely due to the amount transferred from Lloyds’ existing wealth management business into the joint venture. W...
Source: moneymarketing.co.uk