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.
In a sector with so much complexity, to what extent is RegTech solving the real compliance issues facing financial services?
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.