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Latest - TECHNOLOGY

  • New technology ‘crucial’ to SIPP/SSAS sector

    1 October 2020

    Dentons Pensions says new technology will play a crucial role in driving the SIPP and SSAS sector forward as the Covid-19 pandemic continues to impact the way people interact with their finances. The pensions specialist said consumers want to feel “informed and in control” of their savings and investments, creating an opportunity for SIPP...

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  • 7IM adds new platform functionality and enhancements

    28 September 2020

    7IM has enhanced its platform with the launch of a series of updates to further improve the user experience. The firm says the new design offers a more intuitive experience to users, with new functionalities to streamline user efficiency and enable frictionless account opening. The new account opening process enables three wrappers to be...

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  • Intelliflo’s roll-out of open banking hailed as ‘huge opportunity’ for advice firms

    24 September 2020

    Intelliflo has rolled out Open Banking to all of its advisers in a move it says will enable them to provide their clients with a “holistic view of their entire financial portfolio.” According to the technology provider, Open Banking provides advisers with a “better and more realistic” understanding of their clients’ incomings and outgoings...

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  • iPensions Group launches online SIPP

    24 September 2020

    iPensions Group has launched an online SIPP, the first in a series of technology-led pension solutions for the firm.  The Platform SIPP will offer advisers and their clients access to over 2,500 investment options including funds, investment trusts, ETFs as well as cash and deposit accounts. All options have gone through a due diligence process...

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  • PIMFA adds cybersecurity firm as PLUS partner

    24 September 2020

    PIMFA has added Mitigo Cybersecurity as a PIMFA Plus partner, offering the trade body’s member firms a cybersecurity solution to help them protect against cyber-attacks and business disruption. PIMFA raised member firm’s awareness of the threat from cybercrime at its Virtual Festival in June, pointing out that ‘every financial services firm, large or small,...

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  • Online scam numbers: Effective government action needed

    21 September 2020

    Quilter is calling for more action by government to prevent scams as its most recent Freedom of Information (FoI) request has revealed that less than 7% of pension fraud reports are being passed to the police, despite millions of pounds of retirement savings lost to scammers.  The FoI request by Quilter found that nearly 400...

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  • Every-day procedures and robust technology needed to protect against cybercrime

    9 September 2020

     Financial advice firms need a combination of every-day procedures and robust technology to help protect their businesses against cybercrime and data breaches, according to Origo. The fintech says the extent to which cybercrime is prevalent within financial services has been brought home during the Covid-19 crisis as criminals have ramped up their attempts to...

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  • Open banking in wealth management

    8 September 2020

    As the importance and use of open banking grows, the wealth management sector needs to address how it will bring it onboard, says Fabrice Gouttebroze, managing director of S&G Services, part of Sirma Group. The wealth management industry is going through a technological revolution. We’re witnessing decreases in the average age of our high-net-worth...

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