Written by Ignites Europe
The cost of investing is set to halve in the UK over the next five years, with asset managers coming under the most pressure of all market participants, according to experts. Distributors, including financial advisers, will be able to preserve their own fees as they themselves pile pressure on fund houses to lower their charges.
UK finance is changing forever. Sweeping reforms promise a new era for the sector: one that’s more open, more regulated and, potentially, far more collaborative. All this is very good news for SMEs.
It may be a while before pension funds ask their asset managers whether they use blockchain, says Ben Cocks
2017 proved quite an eventful year, with an increase in the number of participants and the volume of transfers.