Industry
Rothschilds back retail investment platform
Two members of the famous Rothschild family have put their own money behind an AI-powered wealth manager offering for UK retail investors.
Australia faces IFA exodus if industry forced to upskill
Potentially hundreds of senior Australian financial advisers could leave the industry if they are forced by the government to upskill, according to the country’s Stockbrokers and Financial Advisers Association (Safaa).
Investors opting for DIY over advice
There is work to be done if the advice industry wants to be considered the premier source of information for people making retirement investment decisions around the globe.
Utmost Wealth’s head of sales departs
Isle of Man-based Utmost Wealth Solutions has confirmed that head of sales, proposition and marketing, Simon Woolnough, has left the business. The insurer has also provided more details around its deal with the Zurich Platform.
Nucleus to float on London’s AIM in July
Platform provider Nucleus will float on the London Stock Exchange’s Alternative Investment Market (Aim) later this month, in a deal that is expected to value the business at £150m ($198m, €169m).