The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.

Amundi 
Amundi, the European asset management group, has widened its global equities offering with the launch of the Amundi Prime All Country World UCITS ETF.

Listed on the Xetra exchange, this fund provides investors with a diversified equity exposure to developed and emerging markets. The exchange-traded fund carries management fees of 0.07 per cent. Amundi said the EFT is the lowest-cost all-country ETF available on the European market.

Over the past five years, global equity UCITS ETFs have captured average net new assets of more than €30 billion ($32.7 billion) per annum, and over €11 billion year-to-date alone, Amundi said.

Quilter
Quilter, the UK wealth manager, has introduced a new pension top-up service which will enable clients to make lump sum top ups into an existing collective retirement account, either online or via the Quilter app. The service is initiated by their financial advisor. 

Additionally, clients who are subject to the money purchase annual allowance will be notified of any prior payments into the account within the pension input period to support tax-efficient planning, Quilter said. 

The Quilter platform will also now use the Faster Payments System for single ad hoc withdrawals and crystallisation payments. This will increase the speed of payments of up to £1 million out to clients, it said. 

Quilter has also introduced a significant update that will allow advisors and clients to view and update their expression of wish online and via the app, removing the requirement for advisors to submit a separate form and enabling all changes to be made online.

This change helps to address the concern that pension savers often neglect to nominate beneficiaries or fail to update their expression of wish as and when their preferences change, it added.