All articles by John Schaffer
John Schaffer
UK mass affluents are more enthusiastic users of digital banking channels than other consumers
UK mass affluents are more avid users of digital banking compared with retail customers, according to research firm, Verdict Financial.
Beyond Brexit: RBC Wealth Management
Amidst a flurry of geopolitical volatility, RBC Wealth Management accesses its strategy following the Brexit result, whilst anticipating potential investment opportunities.
Market volatility causes spike in ETF volumes: BMO report
The global exchange traded fund (ETF) industry is continuing to attract investor interest, hitting a record high of $3.2trn as of June 2016, with over $122bn in new assets this year.
UK firms face fines for aggressive tax avoidance schemes
Banks and accountancy firms who push aggressive tax avoidance schemes could face significant fines under new UK government plans.
Growing wealth in a tumultuous environment: Israel
For a country that has experienced continuous political turmoil over the past decades, the performance of the HNWI population has been relatively strong. John Schaffer delves into a report from WealthInsight which suggests there will be notable growth among the wealthy in Israel
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Nordea Bank moves towards efficiency and customer centricity with Temenos WealthSuite
As the costs and complexities of operating a private bank increase, many are looking to outsource their core banking operations to external providers. Jean-Philippe Bailly, COO at Nordea Bank, spoke about the banks technology overhaul at Temenos TCF event, earlier in the year, in Barcelona. John Schaffer reports
Blurring the lines of philanthropy and investment
The demand for socially responsible investments (SRI) is growing, albeit at a modest rate. While blending the worlds of philanthropy and investments can often be challenging as the two areas are seen as being widely disparate, returns from SRI can often match or even exceed traditional investment benchmarks, finds John Schaffer
What does the UKs interest rate cut mean for wealth management?
The Bank of England (BoE) has cut UK interest rates from 0.5% to 0.25%, with signals that they could be lowered further if the British economy declines.
Wealth management industry is dangerously behind in digital and CEOs know it
HNWIs are becoming progressively more demanding of digital channels. Andrew Hogan, UK wealth management leader at PwC, suggests that senior executives are fully aware of the consequences of not innovating in digital, yet front office staff are in a state of denial resting on the laurels of the traditional relationship. John Schaffer reports
Bank of England holds UK interest rates at 0.5%
The Bank of England has announced that it will hold UK interest rates at 0.5%, despite widespread predictions of a cut after the UKs vote to leave the EU on June 23.