Nieman Foundation at Harvard
HOME
          
LATEST STORY
After a $2.6M crowdfunding campaign, The Correspondent will have just one full-time journalist in the U.S.
ABOUT                    SUBSCRIBE
March 13, 2014, 9:30 a.m.
Business Models
LINK: www.pressgazette.co.uk  ➚   |   Posted by: Joshua Benton   |   March 13, 2014

Perhaps the ultimate symbol of newspapers’ move from mass to elite: The Times (of London) is launching a wealth management service for its readers.

This week The Times and Sunday Times launches a new wealth management service — offering readers the opportunity to invest in a range of products such as ISAs, SIPPs, funds and Investment Trusts, together with access to expert advice and all at competitive rates.

Times Wealth Management offers a clear, trustworthy and personalised service whether readers are planning for retirement, looking to save for university fees, build a nest egg as first time investors or if they are existing investors who are seeking to improve the way their portfolio is managed.

[…]

Neil Martin, Business Development Director at News UK, said: “The launch of Times Wealth Management Services is an exciting milestone for The Times and Sunday Times. When it comes to money, trust is crucial and The Times and Sunday Times have been the papers of record for the latest money, investment and business news and advice for more than two hundred years, thus the titles are well placed to offer a competitive service that our readers are hugely interested in.”

It’s a bit of a cheat, since News Corp’s Times has long been an upmarket paper attracting a disproportionately monied readership, but nonetheless, this may push ahead of the Telegraph’s (significant-revenue-driving) wine store or The Times’ own Whisky Club as a U.K. upmarket marker.

Show tags Show comments / Leave a comment
 
Join the 50,000 who get the freshest future-of-journalism news in our daily email.
After a $2.6M crowdfunding campaign, The Correspondent will have just one full-time journalist in the U.S.
The Correspondent is hiring a total of five full-time journalists.
Vox’s new podcast goes where news podcasts haven’t gone before: Sundays
Plus: NPR expects Podcast $$ to surpass Broadcast $$ by next year.
Can a science escape room livestreamed on Twitch help bring viewers to public media?
“What made us want to watch this for an hour and a half? Their ability to talk through the puzzles made me not only understand the puzzles but find out the answer and get invested.”