The level of long-term mergers and acquisitions activity in the UK wealth management sector is set to increase significantly as firms pursue scale ups and the digitalisation of their delivery models.
Existing tech to support suitability assessments is ‘too cumbersome and subjective’ Nearly two thirds (62%) of wealth managers in New Zealand claim to rely mainly on intuition when assessing client risk suitability and recommending appropriate investments, .
Its study with wealth managers across the UK, France, Italy, Spain, Ireland, Australia, and New Zealand found nearly four out of five (78%) expect global
A survey of Australian wealth managers has revealed fears around clients making compensation claims after failing to understand their risk suitability, with firms expecting the regulator to toughen up.