Evelyn Partners has made major executive changes at its Bestinvest arm as it moves from being a DIY investment platform to a company focused on hybrid advice.
Bestinvest, the D2C arm of Tilney Smith & Williamson, is to axe most ad hoc SIPP fees from 1 March as part of a wider shake-up of fees and services.
The FCA has issued a warning about scammers running a clone of Bestinvest, the well known SIPP and direct investment firm run by Financial Planner and wealth manager Tilney.
The founder of a Sipp provider says many retirees will have soured on their plans to invest in buy to let homes after the Autumn Statement.
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