In the fast-paced landscape of wealth management, digital transformation has emerged as a necessity to meet rising client expectations and adapt to evolving regulations.
Published: October 22, 2024
Guest Blog
Read the latest industry thoughts and opinions in our regular guest blog.
The use of AI models in the insurance sector raises significant concerns, according to Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA).
Published: October 8, 2024
The initial stages of financial planning receive the lion's share of attention in digitalised and physical investment advice experiences. However, once the prospect becomes a client, an important part of…
Published: October 3, 2024
The pressured environment of the wealth management sector can be a breeding ground for stress.
Published: September 24, 2024
Identity verification has undergone a significant transformation in the last decade, moving far beyond the traditional methods of validating, such as posting paper documents and physical IDs.
Published: September 16, 2024
PIMFA Guest Blog: Head of Market Engagement at Worksmart discusses, the role of Training and Competence in modern financial services.
Published: September 4, 2024
PIMFA Guest Blog: TCFD Reporting: How to Win Over Climate-Conscious Clients, here Joshua McAlpine, Content Manager at Morningstar, discusses what the TCFD Reporting requirements are and how they can benefit…
Published: September 3, 2024
PIMFA Guest Blog: Accelerating capital deployment within a multi-sleeve private markets programme, here Sebastian Maciocia, Director of Wealth Management at Mercer discusses considerations for wealth managers venturing into private markets.
Published: August 30, 2024
Operational resilience has become a critical priority for institutions of all sizes. The increasing complexity of global supply chains, coupled with growing regulatory pressures, demands a robust approach to managing…
Published: August 22, 2024
Deepfake technology, which uses Artificial Intelligence (AI) to create highly realistic but fake images, audio, and videos, is rapidly emerging as a significant threat in the cyber security landscape.
Published: August 5, 2024
By identifying and avoiding the risks that emerge from structural trends, such as climate change, resource transition, and biodiversity loss, wealth managers can help minimise the impact on client portfolios.
Published: July 31, 2024
The professional indemnity insurance (PII) landscape for financial advisers in the UK has experienced significant shifts from 2014 to the present, shaped by regulatory changes, market dynamics and, notably, the…
Published: July 15, 2024
According to a recent survey conducted by ETF Stream and Calastone, some 40% of asset servicers highlighted the growing complexity of products as the challenge that will require further improvements…
Published: July 15, 2024
Over the past decade, the world has undergone substantial transformations, including macroeconomic volatility, evolving geopolitical risk, technological change, resource supply chain disruption, climate, and nature. These transformations have been driven…
Published: June 25, 2024
In the rapidly evolving landscape of artificial intelligence (AI), the role of Chief AI Officers (CAIOs) is becoming increasingly necessary. As organisations strive to harness the benefits of AI while managing…
Published: June 19, 2024
Two decades after iShares launched Europe's first world ETF and now parent company, BlackRock, is going head-to-head with the continent's second-largest asset manager, Amundi, to vie for the crown of…
Published: June 18, 2024
Four members of the Consilium Professional and Executive Risk Solutions team recently had the honour of attending the inaugural PIMFA Women’s Symposium. An entire event dedicated to empowering women in…
Published: May 31, 2024
The benefits of effective AI integration, specifically AI in wealth management, are only just being realised. A 2022 Accenture report found that 9 out of 10 advisers surveyed believe AI…
Published: May 21, 2024
When it comes to a potential cyber-attack, no business is safe from harm - including wealth managers. Whatever their size, firms must beware cyber threat actors looking to cause disruption,…
Published: April 30, 2024
Everything is changing in the Wealth Management industry. Whether due to geopolitical instability, evolving client expectations, technological advances, or more, WM firms and private banks are forced to navigate a…
Published: April 19, 2024
Consumer Duty fundamentally changes how financial services firms interact with their customers, setting a higher expectation for customer care.
Published: April 2, 2024
Guest blogs and the opinions therein reflect the views of the authors and are not necessarily that of PIMFA. No responsibility for loss to any person acting or refraining from acting as a result of any material contained in these blogs can be accepted by PIMFA, the author or publisher.