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Chris Williams: PaaS reflects a shift towards flexibility and efficiency
Rising costs, ongoing changes to legislation and the burden of regulation are just three reasons why many discretionary wealth managers, multi-family offices and financial advisers are questioning whether it makes sense to continue to run their own pensions infrastructure.
On the other hand, these firms don't want to lose control of their client experience. Amid this tension, a new model is emerging – Pensions as a Service (PaaS). For many years, firms built an...
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