Wealth management service will not purely target high net worth individuals
CGNU has launched the first phase of its planned online wealth management service, norwichunion.com. The launch marks the market entry of CGNU into the increasingly competitive realm of online account aggregation and the initial result of a £250m investment in the programme. Unlike recent online wealth management service launches from Merrill Lynch HSBC and Inscape, among others, Norwichunion.com will not purely be targeting high net worth individuals, something it believes will differentiate it from many of the existing players in the market. Thomas Cowper Johnson, director of comm...
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