GAM Investments has partnered with SimCorp.

Having worked together since 2004, the two companies have signed a long-term license agreement in a bid to consolidate GAM’s external front and middle office systems on to one platform. GAM’s transition to SimCorp’s asset management platform, which covers $19trn in assets under management globally, will begin this month.

AJ Bell has launched its Retirement Investment Account (RIA).

The product is intended to be a simple and low-cost option that targets advised clients with pensions of around £250,000 or less. The RIA will include major features from the company’s Investcentre platform, such as tools to help advisers with investment analysis, bulk dealing, regular investments, cash management and capital gains reporting.

Defaqto has added pension switching capabilities to its Engage Core financial planning tool.

The company said its new feature will allow advisers to compare multiple pension switching scenarios, including partial switches, in an efficient and compliant way. Advisers using the tool will be able to choose from over 800 Defaqto risk-rated funds and managed portfolio services or choose their own central investment proposition.

Share Story: