NEWS
JPMorgan Chase to acquire UK robo-advisor Nutmeg
JPMorgan Chase is to acquire Nutmeg, a UK-based independent digital wealth manager which serves over 140,000 investors and manages in excess of GBP3.5 billion in assets.
17/06/2021
IN MY OPINION
Proposed tax law changes may accelerate a transition from mutual funds to active ETFs
Proposed tax law changes may accelerate a transition from mutual funds to active ETFs
Ross Klein (pictured), Founder and Chief Investment Officer at Changebridge Capital, writes on the potential effects of a proposed tax law change in the US on ETFs.
18/06/2021
DIGITAL ASSETS
Nearly all UK IFAs would never recommend cryptocurrency or meme stock investments
Nearly all UK IFAs would never recommend cryptocurrency or meme stock investments
An overwhelming majority of IFAs would never consider recommending cryptocurrencies (93 per cent) or meme stocks (95 per cent) to their clients, according to insight from Opinium.
16/06/2021
RESEARCH
Platform providers gear up to increase security but more than half still rely on the basics, finds NextWealth
Platform providers gear up to increase security but more than half still rely on the basics, finds NextWealth
Nearly half (45 per cent) of UK investment platforms have introduced either two factor authentication (2FA) or multi-factor authentication (MFA) finds research by NextWealth.
15/06/2021
RESEARCH
UK savings market rate cut spiral stops for the first time in months and product choice rises
UK savings market rate cut spiral stops for the first time in months and product choice rises
Moneyfacts UK Savings Trends Treasury Report data, to be published this week, reveals that average rates across the savings spectrum (both variable and fixed) have not reduced month-on-month for the first time since October 2020. The stabilisation in the market is great news for savers and choice has continued to rise this month, and is now close to levels seen at the start of this year.
14/06/2021
NEWS
Advisor Group partners with five wealth management practices with USD331m in total client assets
Advisor Group partners with five wealth management practices with USD331m in total client assets
Advisor Group, a US network of independent wealth management firms, has recruited five independent wealth management firms that collectively oversee USD331 million in total client assets to its platform.
11/06/2021
ESG
Vitality launches ESG-focused EnVIRO fund range
Vitality launches ESG-focused EnVIRO fund range
Vitality has launched a new EnVIRO fund range, a ready-made investment solution that integrates environmental, social and governance considerations (ESG), making it easier for advisers to offer their clients a way to invest in a more sustainable future.
09/06/2021
RESEARCH
Managing younger clients giving cause for concern, says survey
Managing younger clients giving cause for concern, says survey
Adapting to manage the needs of younger clients is a concern for over a quarter (26 per cent) of financial advisers, according to a new survey by investment manager, PortfolioMetrix.
09/06/2021
RESEARCH
Cryptocurrency still deemed risky by young investors, research shows
Cryptocurrency still deemed risky by young investors, research shows
New research has revealed that 84 per cent of investors believe that cryptocurrency is still a riskier form of investing than other methods, with nine in 10 traders favouring stocks to cryptocurrency. The platform has also revealed the key stocks that react to the movements of cryptocurrency including Coinbase and MicroStrategy.
08/06/2021
RESEARCH
Young people that fail to save into a pension because of the Covid crisis could miss out on thousands in savings by retirement age
Young people that fail to save into a pension because of the Covid crisis could miss out on thousands in savings by retirement age
Purely Pensions, a specialist in pension advice, complex retirement planning and defined benefit transfer advice, has uncovered that many young people starting work in the wake of the crisis who may have chosen not to begin saving towards their pension, could miss out on tens of thousands in savings by the time they reach retirement age.
07/06/2021
RESEARCH
A quarter of UK investors plan to make ESG investments by 2025
A quarter of UK investors plan to make ESG investments by 2025
Environment, social and governance (ESG) factors are playing an increasingly important role in the decisions of UK investors, new research by Butterfield Mortgages Limited (BML) has found.
04/06/2021
RESEARCH
Most advisers predict an increase in business and clients over the next 12 months
Most advisers predict an increase in business and clients over the next 12 months
The vast majority of financial advisers (81 per cent) expect their level of net AUM to increase over the next 12 months according to a survey carried out by Quilter Financial Planning.
03/06/2021