Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Budget 2017: Hammond pledges fund fintech strategy

Budget 2017: Hammond pledges fund fintech strategy

The government has pledged to produce a long‑term strategy to help the UK asset management industry ‘thrive’ in the digital world.

The strategy, announced in today's budget, is a continuation of the UK investment management strategy launched alongside 2013’s Budget.

The first iteration of the strategy focused on job creation and growth across three broad areas:

  • Taxation: simplify and streamline taxes on the sector
  • Regulation: create a more responsive regulatory environment
  • Marketing: improve marketing infrastructure in the UK and over

Investment Management Strategy 2 will support fund houses with ‘harnessing financial technology solutions, main-streaming innovative investment strategies, and continuing a coordinated programme of international engagement.’

 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
1 Comment Play Citywire Scotland: how wealth managers use new tech

Citywire Scotland: how wealth managers use new tech

We caught up with a few wealth managers at our annual event in Gleneagles to find out what technological innovations they are employing across their businesses.

1 Comment Play CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

CEO Tapes: Buxton to Gilbert - ‘my Glencore quandary’

Do not miss the first two minutes of this film as Richard Buxton shares how he has been challenged by a client for owning shares in a certain company.

Play CEO Tapes: the huge opportunities for asset managers

CEO Tapes: the huge opportunities for asset managers

From tech disruption, retirement and poaching, the CEO discuss the opportunities for their businesses in this episode.

Read More
Wealth Manager on Twitter