- 4thWay has warned that ‘easy access’ accounts offered by peer-to-peer loan platforms do not guarantee to return money quickly. The research company believes it could be less risky for investors to tie their money up for longer in a fixed-term deal offering higher interest rates, even though they would have to pay early access fees to withdraw their money at short notice
- AJ Bell has launched an online service to help advisers choose a suitable investment platform for their client. The Due Diligence Hub also includes features, independent content and commentary from FinalytiQ, the Lang Cat, Platforum and Defaqto
- Barclays has reorganised the top management of its investment bank and plans to recruit 50 to 100 people, mostly for its markets division, in a move to keep pace with its US competitors
