Global spending on retail banking technology is set to increase by $3.6bn (3.2%) in 2012, and will hit $135bn over the next five years, reports financial services analyst Ovum.
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The increased use of integrated technology systems and social media will be vital to the development of IFA businesses post RDR, Aviva has warned.
Mark Loosmore, of IRESS, says Royal London's B2C Money Vista website could complement, not compete with, advisory firms...
Less than 5% of independent financial advisers (IFAs) will leave the industry after retail distribution review (RDR) implementation, although an increasing number are worried about profitability, a survey suggests.
IFAs are positive about post- RDR developments but uneasy about the bottom line, an Aviva survey has revealed.
Prudential has released a desktop app in a bid to boost annuity business with IFAs.
Nationals round-up: Hargreaves Lansdown criticised, another look at investing in technology and inflation assessed.
J.P. Morgan Asset Management has launched an iPad and iPhone application for European advisers and asset managers that gives fund information in a choice of six languages.
This week Mark Loosmore of AT8 Group looks under the bonnet of Assureweb and finds a portal beginning to find its feet in the wider market.