Platforms
James Hay buys wrap platform for £145m
Combined business will have around £45bn of assets under administration
Cheaper pension charges to make drawdown ‘more sustainable’
‘Small changes – just a fraction of 1% – can make a real difference’
Fintech giants merge to create global wealth platform
Business will have $4trn in assets
Wealth platform raises funds to finance international growth
US and Swiss investors spent $4m to boost the firm’s tech offering
Fintech group under investigation in Singapore
Regulator and police force jointly looking into possible regulatory breaches