Nearly six years on from the introduction of Pension Freedoms, new research has shown that older savers are sleepwalking into retirement and risk running out of all their Defined Contribution pension savings with a third of their retirement still ahead, meaning they could spend their final years reliant on the state pension.
Google Cloud and Avaloq, a leader in digital banking solutions, have formed a new strategic partnership to help financial services organisations in their digital transformation using cloud technologies.
As the mass affluent investor segment is tipped for growth, wealth managers should ensure they have scalable solutions to manage the potential increase in client numbers which could come with capturing the progress in this area.
Waverton Investment Management has launched an additional ethical, environmental or social overlay offering for client portfolios.
Assets under management in Latin America will more than double to reach USD5.3 trillion by 2025, says new report
Although currently a number of countries in Latin America face political and economic uncertainty, the long term growth prospects for the asset and wealth management industry remain strong, according to a new report published by PwC and Sura Investment Management.
BetterTradeOff, a Singapore-headquartered Fintech start-up, has made three prominent appointments as it ramps up capabilities for its life-planning solution which is used by financial institutions, plus the planned rollout of a new direct to consumer proposition "UP".
Wilmington Trust has launched a new brand, Wilmington Investment Management (WIM), aimed at expanding access to its proprietary suite of asset management solutions, including alternative funds, separately managed accounts, and mutual funds, to retail and institutional investors.
Wealth management fintech firm, JHC Systems (JHC), and Dutch based Ortec Finance are partnering to provide OPAL, a software solution for global financial institutions offering goal-based financial planning models, as a component to JHC’s Digital Wealth Platform.
iCapital Network has partnered with Rockefeller Capital Management (Rockefeller), an independent financial services firm offering global family office, asset management, and strategic advisory to ultra-net-worth families as well as institutional clients, to increase alternative investment options for the company’s investors.
Northern Trust has added private market capabilities to supplement the recently launched ArcLine Alternatives platform for the firm’s wealth management clients.