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PIMFA Weekly News Bulletin - 24 June 2024

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Featured: PIMFA WealthTech: Finding from our latest ESG and Sustainable Finance Tech Sprint

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24 June 2024

PIMFA WEEKLY BULLETIN PRESS RELEASES

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WEALTHTECH

PIMFA WealthTech: Finding from our latest ESG and Sustainable Finance Tech Sprint PIMFA WealthTech, with strategic partner Morningstar, have recently conducted a tech sprint to investigate how new technologies and solutions make a difference to ESG and Sustainable Finance reporting, verification and disclosure. Six FinTech’s were selected to participate in the tech sprint, during which they presented their solutions—and how those solutions addressed the problem statement—to an evaluation panel consisting of members of PIMFA WealthTech and its Advisory Council and Morningstar. Each participant was also provided a wide range of ESG-related data from Morningstar to incorporate into their demonstrations. Read more about the tech sprint and its findings in our latest factsheet.

Input still needed for the PIMFA Benchmark Survey, in partnership with NextWealth PIMFA, in partnership with NextWealth and the Chartered Institute for Securities & Investment, has launched its Financial Advice Business Benchmarks report. The Financial Advice Business Benchmarks report is an annual market research report which can help firms benchmark their own proposition and stature. The report provides measurement on benchmarking areas such as client growth, advice tech, advice charges and trends. Last year’s report can be accessed here. Firms can access the survey for input into this year’s report here. Whilst we appreciate that feeding into this survey takes some time, this can be completed over multiple sittings and represents an excellent opportunity for firms to both feed into a broader


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PIMFA Weekly News Bulletin - 24 June 2024 by PIMFA - Issuu