Industry insights Archives

Fintech investment in the UK climbs despite wider global decline

The global picture Global investment in fintech stood at $51.8 billion (around £39.2 billion) in the first half of 2024, according to the figures from KPMG. This is down 18% from $62.3 billion in the previous six month period and the lowest level of fintech investment recorded by KPMG since the first half of 2020. […]

The Importance of Personalization for UHNWIs

The global high-net-worth individual population rose by 5.1% in 2023, and their wealth grew by 4.7%, according to Capgemini’s 2024 World Wealth Report. Population growth across different HNWI wealth bands was highest for the so-called ‘millionaires next door’, described having $1 million to $5 million in assets. Ultra-high-net-worth individuals (UHNWIs) were the most concentrated among […]

Could AI revolutionise ESG reporting?

A global survey of 1,491 executives across 16 countries conducted by The Harris Poll for Google Cloud found that most executives aren’t measuring their environmental, sustainability and governance (ESG) metrics. Only 36% of respondents said their organizations have measurement tools in place to quantify their sustainability efforts, despite 65% agreeing they want to advance these […]

Human or robo-advice: what do investors prefer?

After the pandemic flipped the world of interaction on its head, most investors got used to some level of digitisation in their relationship with their advisor. But now, more and more investors deciding to cut out the human and embrace the digital entirely. According to Polaris Market Research, the robo-advisory market is predicted to […]

What are advisers most concerned about in 2024?

Consumer sentiment has been on the up since we’ve entered the second half of the year. According to GfK’s long-running consumer confidence index, the UK’s overall consumer confidence score in June was up ten points from the previous year and up three points from the month prior. Though the score remained in negative territory at […]

General Election 2024: The Future of Tech Policy

The general election is just around the corner. But what are the UK’s two largest parties saying about the future of tech policy? We looked through the manifestoes of Labour and the Conservatives to see what they’ve promised. The Conservatives on tech In their manifesto, released on 11 June, the Conservatives pledged to increase public […]

Young investors do not consider wealth management a priority

Young investors in the UK do not consider managing their wealth a priority, according to a new survey conducted by Invessed in association with YouGov. The survey asked 2,068 consumers about their attitude towards their financial future. It defined ‘young investors’ as anyone born after 1965. This would include Generation X, millennials and Generation Z. […]

How wealth managers can prepare for SDR

Last month, the UK Financial Conduct Authority announced that it intends to extend its Sustainability Disclosure Requirements (SDR) and investment labels regime to all forms of portfolio management services. ITL sat down with Shai Hill, Founder and CEO of Integrum ESG, to discuss what these new rules mean, how wealth managers can comply, and how their platform can help. Integrum […]

Sustainability Disclosure Requirements: What You Need to Know

At the end of April, the UK Financial Conduct Authority announced that it intends to extend its Sustainability Disclosure Requirements (SDR) and investment labels regime to all forms of portfolio management services. The decision would bring the rules for portfolio managers more closely in line with those for asset managers. It would include model portfolios, […]