Catch up with the latest news from Schroders Personal Wealth
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How to improve your financial wellbeing in 2023
21 December 2022
2022 has been a challenging year for many of us. The Russian invasion of Ukraine has driven up the cost of living and driven the markets down. And we’re now facing a higher tax burden. We’ve asked some of our Personal Wealth Advisers for their views on how best to respond to these challenges and how consumers could aim to improve their financial wellbeing in 2023.
Schroders Personal Wealth hires Dominic Sheridan as CEO of ACD business
16 November 2022
Schroders Personal Wealth (SPW) has appointed Dominic Sheridan as CEO of its Authorised Corporate Director (ACD) business, subject to regulatory approval.
Dominic will be responsible for leading and developing the ACD, launched in December 2019. The ACD is responsible for the day-to-day governance of the SPW funds, ensuring they are managed in line with their objectives, strategy and principles.
Schroders Personal Wealth hires Makala Green as Personal Wealth Adviser
25 October 2022
Schroders Personal Wealth has appointed Makala Green as a Personal Wealth Adviser as it continues to grow its presence across the regions.
Makala is an award-winning adviser with 18 years’ experience. Her accolades include Marketing Influencer of the Year and Financial Adviser of the Year for Southeast. She will focus on giving financial advice services to those in the Buckinghamshire and Oxfordshire region.
Schroders Personal Wealth appoints Graham Bastin as Chief Technology Officer
19 October 2022
Schroders Personal Wealth is pleased to announce the appointment of Graham Bastin as Chief Technology Officer.
Graham will be responsible for driving the firm’s Digital and Technology strategy, which will underpin the firm’s clear growth ambitions.
Debt is the biggest cause of financial stress reveals report from Schroders Personal Wealth
11th April 2022
Being debt free is the main priority when it comes to achieving financial wellbeing according to a survey from Schroders Personal Wealth (SPW).
The latest Schroders Personal Wealth Money and Mind Report reveals that seven in ten (69%) state that debt is the biggest cause of stress when it came to their finances and that being debt free would help give them peace of mind.
Schroders Personal Wealth appoints Rupert Dickinson as an Independent Non-Executive Director
16th February 2022
Rupert has over 20 years’ experience in the financial sector. He previously worked at Barclays Bank Plc, joining the firm in 2000 and rising to Chief Executive of Barclays Stockbrokers Limited in 2012. He was also a member of the Executive Committee of the Wealth Management division from 2012 until his retirement in 2018.
Schroders Personal Wealth strengthens leadership team as it continues to grow the business
26th January 2022
Schroders Personal Wealth has made a number of senior appointments in its marketing team as it continues to grow its presence in the market.
Sean Ingram has been appointed as Chief Marketing Officer, Ed Colyer joins as Head of Product and Propositions and Dougy Watt will be Head of Client Insights and Client Experience.
Nearly half of UK consumers are concerned about their finances according to research by Schroders Personal Wealth
12th January 2022
Nearly half (49%) of UK consumers are concerned about their finances, with 57% saying the worry affects them mentally, according to new research from Schroders Personal Wealth (SPW).
The research which surveyed 1,000 UK adults, also discovered that 2022 is the year that people want to improve their money issues, with 73% stating that sorting out their finances is a priority for this year.
Schroders Personal Wealth appoints Ben Waterhouse as Chief Client Officer
6th January 2022
Schroders Personal Wealth has appointed Ben Waterhouse as Chief Client Officer.
Ben will be responsible for driving the firm’s growth strategy for its regions across the UK and will be instrumental in improving and delivering SPW’s advice proposition to its clients.
Schroders Personal Wealth boosts regional presence with key hires in Yorkshire and Oxford.
13th December 2021
Schroders Personal Wealth (SPW) is continuing to build its regional presence and growth strategy with key hires across the UK.
In Yorkshire and the North East it has appointed Mark Shay from Barclays Wealth to lead its business development and partnerships proposition. In Oxford it has hired three high profile Personal Wealth Advisers, Benjamin Beck, Sophie Haslehurst, and Katie Nutting.
Only a quarter of UK consumers on track to meet retirement goals, despite being knowledgeable on pensions says research from Schroders Personal Wealth
6 September 2021
As part of its ongoing commitment to help consumers engage with their finances, SPW is today launching its ‘Retirement Ready’ campaign, which looks to encourage people to take control of their financial future.
Schroders Personal Wealth continues regional expansion with new office openings across the UK
1 September 2021
Schroders Personal Wealth (SPW) has opened an operational centre in Leeds as it continues to grow its presence across the UK.
Schroders Personal Wealth joins We are Change initiative
21 June 2021
Schroders Personal Wealth (SPW) has partnered with The Verve Foundation (part of Cathi Harrison’s The Verve Group) to become a strategic partner on its ‘We are Change’ training initiative to help attract new talent to the financial planning industry.
Schroders Personal Wealth strengthens business development team with new appointment for Scotland and Northern Ireland
26 May 2021
Schroders Personal Wealth (SPW) has appointed Marcelo Rodrigues to lead its Business Development proposition across Scotland and Northern Ireland.
Marcelo will be responsible for leading brand and marketing activities across Scotland and Northern Ireland, as well as developing strategic partnerships to support business growth.
Schroders Personal Wealth launches podcast series with Heriot-Watt University and Student Union to encourage more engagement with finances
12 May 2021
Schroders Personal Wealth has joined forces with Heriot-Watt University and Student Union to produce a series of podcasts to help young people engage with their finances and encourage them to take control of their financial future.
Schroders Personal Wealth: Four in ten UK adults never discuss later life planning with their children as conversations around money remain difficult
10 May 2021
The Schroders Personal Wealth Family and Finances report, which surveyed more than 1,000 parents over the age of 60, lays bare the gap in financial planning when it comes to passing on wealth.
Schroders Personal Wealth boosts regional presence with new hires in Northern Ireland
29 April 2021
Schroders Personal Wealth (SPW) has hired two Personal Wealth Advisers as it looks to expand into Northern Ireland as part of its long-term regional growth strategy.
Schroders Personal Wealth launches new proposition to help address UK protection gap
07 April 2021
Schroders Personal Wealth (SPW) is introducing a new proposition to tackle the £2.4 trillion protection gap1 in the UK and address a growing societal need.
To help close the protection shortfall in the UK SPW will not be taking commission on any protection advice from clients when discussing wider financial planning, resulting in a saving for clients.
Schroders Personal Wealth launches Multi-Manager Fixed Income Funds
19 March 2021
Schroders Personal Wealth has launched three new Multi-Manager fixed income funds designed exclusively for SPW clients with the aim of helping them meet their investment goals and give them access to specialist mandates.
Schroders Personal Wealth announces sponsorship with International Para-Rower Ben Pritchard
03 March 2021
Schroders Personal Wealth is proud to announce its sponsorship of International Para-Rower Ben Pritchard.
Our sponsorship will provide funding to buy Ben a new wheelchair, help him complete his training and support him on his journey to Paralympics success and beyond.
Schroders Personal Wealth launches second intake of adviser academy
01 March 2021
Schroders Personal Wealth (SPW) has today launched the second intake of its adviser academy with a further 20 trainee advisers starting the programme.
The academy is an 18 month programme designed to give candidates the qualifications and skills needed to become Personal Wealth Advisers.
2021 – The year of improving your financial wellbeing
17 December 2020
The start of a new year presents the ideal time to make important resolutions about your money matters. Here are five ways which could help you take control of your long-term financial health for 2021 and beyond.
Schroders Personal Wealth launches Junior ISA
28 October 2020
Schroders Personal Wealth (SPW) has today launched a Junior ISA (JISA) to help clients make a start with their children’s savings and encourage conversations about financial planning amongst families. Download PDF
Schroders Personal Wealth joins Women in Banking & Finance ‘Accelerating Change Together Research Programme’
02 October 2020
Schroders Personal Wealth (SPW) has joined the ‘Accelerating Change Together (ACT) Research Programme’ recently launched by Women in Banking & Finance (WIBF).
Schroders Personal Wealth unveils financial scoring system that shows the worrying state of the UK’s financial health
22 September 2020
A new financial scoring system from Schroders Personal Wealth (SPW) has revealed the state of the UK’s financial health, showing worrying results when it comes to protecting against the unexpected and preparing for the future.
Schroders Personal Wealth (SPW) has launched its inaugural adviser academy in London with an intake of 20 Academy Trainee Advisers.
8 September 2020
The academy is an 18 month programme designed to give candidates the qualifications and skills needed to become Personal Wealth Advisers.
The programme is supported by the Chartered Insurance Institute (CII). All candidates will sit their exams with the professional body, starting with R01 and progressing through to a full Diploma in Regulated Planning.
Schroders Personal Wealth signs Time to Change Employer Pledge to help support mental health in the workplace
20 August 2020
Schroders Personal Wealth (SPW) has signed the Time to Change Employer Pledge to help raise awareness and promote a better understanding of mental health in the workplace.
Schroders Personal Wealth launches range of multi-asset portfolio funds
15 July 2020
Following the establishment of its Authorised Corporate Director (ACD) last year, Schroders Personal Wealth (SPW) is today launching its first range of portfolio funds offering clients access to a range of risk return profiles.
Schroders Personal Wealth appoints Mark Duckworth as new CEO
30 June 2020
Schroders Personal Wealth (SPW) today announces that Mark Duckworth has been appointed as Chief Executive Officer, subject to regulatory approval.
Mark has over 30 years of experience in financial services, most recently as CEO of Openwork. During his time as CEO, Mark led Openwork’s transition to independence from Zurich Insurance Group. This experience will be vital as SPW works to realise its ambition of becoming a leading wealth management business in the UK.
Mark will join SPW in September after completing a period of garden leave and subject to regulatory approval.
18 June 2020
Peter Hetherington to leave Schroders Personal Wealth
Schroders Personal Wealth (SPW) today announces that Peter Hetherington has decided to step down from the role of Chief Executive Officer to pursue other prospective opportunities.
Peter has overseen an important period for SPW including the ongoing migration of client assets from Lloyds Banking Group and the launch of 11 regional hubs across the UK.
We have identified Peter’s successor and will announce this at the first available opportunity, subject to regulatory approval. James Rainbow, previously CEO of SPW, will return as acting CEO until Peter’s successor is appointed.
1 June 2020
Schroders Personal Wealth celebrates one year anniversary
New company, familiar faces.
A year ago, Schroders plc and Lloyds Banking Group came together to build a new entity, Schroders Personal Wealth, or SPW to offer a wealth solution to clients across the UK.
While SPW itself might have been brand new, it began by taking over the Lloyds Wealth business and protecting the existing relationships between clients and advisers, many of whom had been with them for decades.
21 May 2020
Is Financial wellbeing the lost strand of mental health and what can we do to fix this?
The last couple of years has seen an increase in the awareness around mental health. Many businesses are placing mental health at the top of their wellbeing agendas and according to the 2019-2020 Business in the Community’ Mental Health Report, 51% of employees are comfortable talking about mental health.
However, there is more to be done, especially around financial wellbeing. Research from Salary Finance showed that only 14% of employees felt comfortable talking openly about money, whilst 36% of UK adults say they worry about money every day.
13 May 2020
Schroders Personal Wealth sponsors G24 Mental Health Summit
Schroders Personal Wealth is proud to be named as one of the sponsors of the world’s first 24-hour global mental health summit.
The G24 Mental Health Summit, hosted by Inside Out and Wellbeing @ Work Summits, consists of three consecutive remote events across global time zones with a variety of expert keynote speakers, workshops, and round table discussions giving a perspective from all corners of the world on mental health in the workplace.
The event, aimed at HR and Wellbeing professionals, is taking place on 18 May and a percentage of ticket revenue will be donated to the WHO COVID-19 Solidarity Response Fund.
Schroders Personal Wealth will be hosting a workshop on the importance of financial well- being.
21 April 2020
Schroders Personal Wealth establishes 11 regional offices across the UK
Schroders Personal Wealth is launching 11 regional hubs to support its regional growth across the country.
The regional hubs will act as semi-autonomous adviser businesses within the SPW network. Each hub is headed by a Regional Director who will be able to shape the future of their own business having responsibility for selecting & leading the hub team, delivery of local support and revenue generation.
4 December 2019
Schroders Personal Wealth has launched its “Wealth is Personal” campaign
Schroders Personal Wealth has launched its “Wealth is Personal” campaign to challenge people’s perception of financial planning with the aim of helping to bring this to more people in the UK. The need for financial advice has never been greater. Not only are people living for longer and looking to get more out of their retirement, changes such as pension freedoms means people increasingly have to take more responsibility for their own financial future. This means more people than ever need help as they plan for their futures.
Always seek a professional opinion as tax rules can be complex, depend on individual circumstances and are subject to change.
Forecasts of future performance are not a reliable guide to actual results in the future; neither is past performance a reliable guide to future performance. The value of investments, and the income from them, may fall as well as rise and cannot be guaranteed. Any views expressed are our in-house views as at the time of publishing. Investment markets and conditions can change rapidly and the views expressed should not be taken as statements of fact nor relied upon when making investment decisions.