Vontobel unveils Swiss digital investment solution

Firm will look to roll out system to clients as well as other financial services providers

Aims to raise £1.2m by offering 12% equity in the club with £1,000 minimum contribution for 40 shares

Deals will give firm £1.5m in gross fee income and more than £120m in funds under management

Second longstanding Generali man to depart Utmost

But increasing cost could go against Financial Advice Market Review objectives

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