JPMAM's Berens: 'Everyone is still working out their value in the chain'

'Everyone is still working out their value'

Jasper Berens, managing director, head of the UK funds business at J.P. Morgan Asset Management (JPMAM), talks to Katrina Lloyd about the implications of pensions freedoms for asset managers, the dangers of buy list concentration and what the future holds for premium pricing

Asset managers were still contending with the "ripple effects" from the RDR, when the seismic pensions freedom changes announced in last year's Budget shifted the goal posts once again. For heads of investment firms, like JPMAM's Jasper Berens, individual growth ambitions are set against this evolving distribution landscape, with many acknowledging clear trends for the at-retirement market could take years to emerge.  A key battleground will be trying to meet the very varied needs of the at-retirement community, and it is here Berens believes the financial services industry faces its ...