Remembering the customer churn the global financial crisis caused, wealth managers should take the ten year anniversary of the collapse of Lehman Brothers as an …
UBS SmartWealth closure proves prematurity of robo advice
UBS’s surprising sale of its SmartWealth platform in the UK is the latest in a series of robo-advisor closures. Nevertheless, this is not the end …
Fidelity fee-free funds will have limited impact on the industry
Fidelity fee-free funds have shaken the investment industry, but the move is not groundbreaking and it is part of a wider trend that asset managers …
Why standalone robo-advisers will fail to attract affluent investors
While robo-advisers bring real value and utility, there is mounting evidence that robo-advice alone will not attract affluent investors, according to GlobalData Financial Services. There …
Robo-advice growth? – why robo-advice has low consumer appeal
Despite all the FinTech marketing proclaiming robo-advice growth, across the generations an average of only 1% of consumers are using robo-advice for arranging their investments, according …
Cryptocurrency positives and benefits
Cryptocurrency positives and benefits include protection against identity theft; as well as greater clarity, accountability and quicker settlement, according to GlobalData Financial Services. Cryptoc…
The downsides of cryptocurrencies
The downsides of cryptocurrencies: Most agree that the blockchain technology that underpins crypto has definite value, particularly from a security perspective. Yet there are widely …
Why cryptocurrencies should not replace traditional currencies
Cryptocurrencies should not replace traditional currencies because they could badly damage the global economy, according to GlobalData Financial Services. GlobalData Financial Services says most preva…
Millennials poised to drive a philantrophic boom
Millennials are poised to drive a philantrophic boom, according to GlobalData Financial Services Investing back into society is growing in importance among the young and …
UK robo-advice standards must be raised
The Financial Conduct Authority’s (FCA’s) recent review of UK robo-advisers revealed serious failings at a number of providers. In a nascent market – where many …