The growth of artificial intelligence and automation is expected to revolutionise the asset management industry, with experts predicting a wide-scale loss of jobs as a result. Many commentators believe that developments in technology will lead to robo-advisers replacing humans and algorithms suggesting funds to investors. While it is not a new phenomenon, the use of […]
Quilter says it is learning from replatforming mistakes made by competitors as it prepares to launch its new platform towards the end of the year. The Old Mutual Wealth platform, which will rebrand as Quilter Wealth Solutions, is moving to FNZ technology, the same software Aviva switched to earlier this year. Quilter made the decision […]
Smith & Williamson is still committed to its public listing but says any plans are dependent on future market conditions. The group is still planning to float no earlier than the second half of 2019. Smith & Williamson co-chief executive Kevin Stopps says: “The decision whether we do the IPO can only be taken at the […]
Do advisers need to reassess DFM due diligence in the wake of recent scandals?
By Simon Fletcher
As a chief executive officer of a business in the financial services sector, I have been dealing with the introduction of auto-enrolment for our clients for some time, but I can also speak from an employer’s point of view, having to go through the process ourselves.
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