Companies
Robo-advice firm suffers data breach
Around 20,000 clients had their ID, tax and account data stolen
How can the wealth industry improve client onboarding?
It has become an ‘increasingly onerous task for firms’ and a ‘source of frustration’ for clients
UK pensions lifetime allowance set to increase by 0.5%
And government expected to keep triple lock promise with 2.5% rise in 2021/22
Aussie firm buys robo-adviser
Deal is an ‘important step forward’ for the company to implement its retirement advice plans
What do UK bank account closures mean for expats in the EU?
Industry weighs in on whether retail banking issues will impact post-Brexit financial plans