PwC: Half of CEOs think their businesses will not survive the next decade
AI could make half of all business models redundant within 10 years
ANNOUNCEMENT: UK Adviser is now PA Adviser. Read more.
AI could make half of all business models redundant within 10 years
Assets managed by robo advisers will reach $5.9trn in four years
Group is made up of 12 entities including BlackRock, HSBC and Zurich
‘There is a particularly vexed situation’ in the country
High costs put pressure on very traditional financial services sector
Ultra-high net wealth individuals in Asia Pacific make up 38% of the global billionaire population
Total assets of Apac’s super-rich fell 8% to $2.5trn
Clients approached by individuals claiming to represent PwC and The Share Centre
The global economy is expected to slow next year with growth between 2016-2018 ‘now over’
Over half of entry-level jobs are filled by women, but only a third hold senior positions
Clients of collapsed Beaufort Securities could lose up to 40% of the value of their holdings to cover liquidation costs, bringing into question the whole system of regulatory and legal protection of investors in the UK, according to campaign group ShareSoc.
With advisers and life companies rushing to embrace technology to boost their clients’ user experience, a survey from PwC has found that the majority of consumers want more human interaction in future, not less.