Putting the tech into protection
Investment Platforms Market Study
Market currently worth about £209bn
Extension of an adviser's offering
Younger investors more likely to hold passives
Launching a SIPP
Initial £499 plus ongoing fees
'No performance-related benefit'
Offers actively managed portfolios
Will offer full range of funds
Part of group's digital transformation programme
Decision follows leadership structure review
'Technology is changing the pensions industry'
Discretionary manager Tilney Bestinvest has launched a service that guides investors to a selection of multi-asset funds, without giving them advice.
Provider Aegon has been accused of poaching dozens of an adviser's clients but the Financial Conduct Authority (FCA) said the provider has broken no rules despite complaints from retirees.
Insurer Aviva has vowed to drive up the number of products held by its customers following the integration of former rival Friends Life and launch of a direct to consumer service.
Provider Zurich is reviewing whether to allow legacy retail clients access to its flexible drawdown product on a non-advised basis, in an effort to streamline pension freedom.
Intrinsic appointed representative Wealth Help is launching a direct to consumer (D2C) service to facilitate financial planning for the mass market.
Insurer Aviva has launched a direct to consumer (D2C) platform giving consumers access to a general investment account, and ISA and a self-invested personal pension (SIPP).
Aberdeen Asset Management is to partner with pensions consultancy Hymans Robertson for a service which will see it use the firm's technology to target direct investors for the first time.
Why the old life company service model just doesn't work
True Potential has launched a tool on its platform which will allow advised clients to manipulate their financial plan independent of their adviser.
Network Best Practice is to roll out a direct to consumer (D2C) proposition to its advisers allowing them to offer clients access to some self-service options.
Nutmeg has launched a personal pension charging between 0.3% and 1% depending on contribution, and free of set-up or exit fees.