1st plugs into part of JPMorgan Invest

JPMI has been launched in the past few weeks to address workplace advice needs. This will be provided through a fee-based modular business model providing generic financial education to employees. Another leg of the service will be discretionary asset management, which is where 1st fits in, Watts-Lay says. JPMI sees significant opportunity from changes to pension legislation, which is why the business has been launched with focus on employees who may be heading for retirement sooner rather than later, Watts-Lay says. Future services will allow employers to construct focused financi...