Search: Wealth Management

Business & Finance · Oct 8, 2026

Lindsell Train Investment Trust holds shareholder vote in London over 20 percent tender offer

The Lindsell Train Investment Trust held a general meeting in London on October 8, 2026, to seek shareholder approval for a tender offer to repurchase up to 20 percent of its issued share capital at a five percent discount to net asset value. The vote is the latest move by UK investment trusts to narrow persistent discounts to their NAVs and rebuild investor confidence after years of underperformance.

Business & Finance · Oct 7, 2026

HSBC to Slash UK Wealth Adviser Ranks as Bank Accelerates AI Push

HSBC is reported to be planning sweeping job cuts across its UK wealth management arm, cutting around half of management and specialist roles and up to 70 percent of financial adviser positions as it shifts to AI-driven client servicing. The move deepens questions about the future of advice jobs, regulatory oversight and the structure of Britain’s wealth sector.