Increased back-office automation in conjunction with standardised data could bring the cost of advised investing down from 2.2% to 1.5% over the coming years, believes Altus chairman Hugo Thorman (pictured).
Thorman, who was chief executive for the Ascentric platform for nine years before becoming chairman of technology firm Altus, said: "The platform and financial services markets face exciting times - there...
Annuity market worth £4bn in 2017
For ‘distress’ caused
Oversees £30bn of advised and D2C assets
Less than a third of top paid employees are women
£1bn business since inception