From an ageing population to stricter regulations, Christian Kent, shines a light on recent private equity activity in the wealth management sector...
Since 2011 the population in the UK has continued to age, with the number of over 65s rising rapidly each year. The country's ageing population is also living longer, which has created a growing pool of defined contribution (DC) pensions. Meanwhile, there has also been an explosion of interest in financial literacy. Individuals are becoming more knowledgeable and invested in controlling and shaping their lifestyles post-retirement, or in the case of business owners, when they exit. Together, these long-term structural tailwinds have led to the creation of a £2.7trn wealth management ...
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