Wealth management is evolving at a rapid pace. As digitalisation persists, AI is becoming more prevalent among wealth advisors to boost efficiency and enhance personalisation. The regulatory landscape is becoming more fragmented and complex, and alternative assets are on the rise. In what ways will the Great Wealth Transfer change the space? How is industry sentiment
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in the UK’s largest wealth managers tumbled on Wednesday over concerns about potential disruption from a new AI-led investment tool. St James’s Place, Britain’s biggest wealth group, fell more than 13 per cent after US-based
A four-day health alert for cold weather has been issued for central and northern England. It warns that vulnerable people could be at greater risk and possible “minor impacts” on health services due to increased demand. The alert from the UK Health Security Agency (UKHSA) runs from Friday morning to Monday morning (13-16 February). The
Shares in wealth management firms and financial comparison sites have tumbled over the latest concerns about new AI tools. Editorial This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The sharp drop in share prices after the launch by the AI company
Wealth managers and price comparison sites have become the latest companies to be hit by fears that their businesses will be disrupted by new artificial intelligence innovations. Shares in UK wealth management firms tumbled on Wednesday morning, after the AI company Altruist Corp launched a service that it said helps advisers create personalised tax strategies
The health service trial is being led by the North York Moors Trust, an independent charity that brings together the county’s protected landscapes – the two national parks, the Howardian Hills and Nidderdale National Landscapes – where the activities will be run. James Metcalfe, the trust’s executive director, said loneliness was at “epidemic levels” in
Wealth firms hit by sell-off in new AI scare The Times Shares in UK wealth managers hit as AI contagion spreads Financial Times AI paranoia grips the City as chatbots take over The Telegraph Financial Services Stocks Tank After Altruist’s AI Announcement Forbes UK wealth manager and price comparison site shares fall amid AI fears The Guardian European asset managers
NatWest to buy wealth manager Evelyn Partners for £2.7bn The Guardian NatWest shares fall after $3.7 billion deal to buy one of UK’s largest wealth managers CNBC NatWest set to clinch £2.5bn takeover of wealth manager Evelyn news.sky.com NatWest buys wealth manager Evelyn Partners for £2.7bn Proactive financial news NatWest strikes £2.7bn deal for Evelyn Partners The Times NatWest buys
State Bank of India (SBI) Chairman Challa Sreenivasulu Setty State Bank of India (SBI) is expecting the assets under management (AUM) of its wealth management business to grow almost five times to ₹15 lakh crore by 2030 from ₹2.83 lakh crore as at March-end 2025 in the wake of increasing financialisation of savings. Challa Sreenivasulu
NatWest Group is closing in on a £2.5bn takeover of Evelyn Partners, the wealth management group, in what would be its biggest corporate takeover since its taxpayer bailout in 2008. Sky News has learnt that NatWest, which returned to full private ownership last year, is this weekend in advanced talks to acquire Evelyn from its