Asset International buys Plan For Life
Melbourne-based researcher Plan For Life has been acquired by Asset International (AI), a global provider of data and analytics for the asset management industry.
Plan For Life will become part of AI’s Strategic Insight division based in New York, Hong Kong and London. Strategic Insight is a supplier of data, tools and research to the global asset management industry and will have access to Plan For Life’s more than 100 Australian clients.
Plan For Life will continue to focus on providing business intelligence data and research for the Australian managed fund and life insurance markets, and will have its data distributed to Strategic Insights’ 250 clients throughout Europe, Asia and the United States.
The head of Strategic Insight’s global consulting office in Hong Kong, Daniel Enskat, said Australia offers lessons and opportunities to the retirement savings industry around the world, noting that Australia already enjoys the highest household ownership of mutual funds among developed nations.
Plan For Life has been operating for 20 years and is led by its founder and managing director, Simon Solomon.
Recommended for you
Financial advisers are reminded to ensure their CPD is up to date with the Financial Services and Credit Panel making its second determination in a week after an adviser failed to meet the requirements.
With the Australian advice market being a target for US private equity firms, a US advice commentator has shared lessons from his overseas experience, and why PE may be less attractive than initially expected.
AWAG has entered a strategic joint venture relationship with Singapore-based financial services firm PhillipCapital, expanding its product and services distribution reach.
Investment manager Drummond Capital Partners has announced a series of appointments to expand its distribution reach with advisers nationwide.