Traditional wealth managers have proved themselves to be scalable and profitable businesses despite the hype caused by robo-advice models, analysts say. Wealth managers have also been shown to be more robust than pure asset managers amid mounting pressure on fund performance and fees. While Hargreaves Lansdown and St James’s Place continue to make the headlines
Key Takeaways Life insurance is a type of contract in which you make regular payments to an insurance company. In return, when you die, the company pays a sum of money to your chosen beneficiaries. Term life insurance offers affordable coverage for a specific period, such as 10 or 20 years. Permanent life insurance provides
What happens when your insurance company says your fully comprehensive policy suddenly doesn’t cover you? Dean Dunham investigates 08:02, 29 Feb 2016Updated 08:18, 29 Feb 2016 Sometimes a burning engine isn’t covered – apparently(Image: SWNS) I received an email from Mrs Poulton this week about a nightmare her daughter is having with her car insurance.
The world cannot avoid dangerous climate change without moving to “near zero emissions” before the end of the century, according to the Intergovernmental Panel on Climate Change. Zero-carbon sources of energy will be key to this transition and in the power sector they are already being added more quickly than fossil fuels. So just how
Key Takeaways A multi-asset class investment involves a mix of asset classes such as stocks, bonds, and cash to diversify and reduce portfolio risk. These funds offer diversification, potentially limiting downside risk but may result in lower returns compared to single-asset classes. Target date funds automatically adjust asset allocation based on the investor’s time horizon,
The term “wealth management” is thrown around plenty, in the boardrooms of private client firms, in trade and mainstream articles and by financial advisors in front of clients. Still, most professionals are hard pressed to actually define the term with any degree of precision. Wealth management is very straightforward. From the affluent individual’s perspective, wealth
Among the reasons Norwegians can celebrate Norway are the ’80s band A-ha, the narrow geological formations called fjords, oil deposits and the biggest sovereign wealth fund in the world. The sovereign fund, which the country uses for investments that benefit their economy and people, reached 5.1 trillion crowns, or about $818 billion, due in large
Many optimists believe that technology can transform society, whether it’s the internet or the latest phone. But as Tom Chatfield argues in his final column for BBC Future, the truth about our relationship with technology is far more interesting. Lecturing in late 1968, the American sociologist Harvey Sacks addressed one of the central failures of
AUSTIN, TX–(Marketwired – Dec 12, 2013) – BancVue®, creator of Kasasa®, announced today its partnership with MoneyDesktop. The collaboration between the leading personal financial management (PFM) technology and the national brand of rewards checking and savings accounts will arm local institutions with consumer-demanded, profitability-driving products rivaling the megabanks. Collaboratively, BancVue and MoneyDesktop have enhanced Kasasa
It has been a splendid year so far for sports fans. Andy Murray has won Wimbledon, Chris Froome is taking the Tour de France by storm and cricketers Jonathan Trott and Kevin Pietersen are firing on all cylinders in the Ashes series. The year is also turning out extremely well indeed for mortgage brokers throughout