{"id":298284,"date":"2026-01-22T20:45:06","date_gmt":"2026-01-22T20:45:06","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/298284\/"},"modified":"2026-01-22T20:45:06","modified_gmt":"2026-01-22T20:45:06","slug":"jpmorgan-buys-uk-pensions-technology-firm-wealthos-memo-shows","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/298284\/","title":{"rendered":"JPMorgan buys UK pensions technology firm WealthOS, memo shows"},"content":{"rendered":"<p>Jan 22 (Reuters) &#8211; U.S. banking giant JPMorgan Chase <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/JPM.N\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(JPM.N), opens new tab<\/a> has closed a deal to buy UK-based pensions technology platform WealthOS, according to an internal memo seen by Reuters on Thursday.<\/p>\n<p>The acquisition will deepen the bank&#8217;s footprint in pensions, positioning it to tap demand for retirement planning products as customers seek predictable income in later life.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/finance\/jpmorgan-buys-uk-pensions-technology-firm-wealthos-memo-shows-2026-01-22\/undefined?location=article-paragraph&amp;redirectUrl=%2Fbusiness%2Ffinance%2Fjpmorgan-buys-uk-pensions-technology-firm-wealthos-memo-shows-2026-01-22%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>Founded in 2019, WealthOS runs a technology-focused wealth management platform with a workforce in the UK and Sri Lanka, all of whom will join JPMorgan, the memo sent by Edmund Cohen, head of pensions and wealth products at the bank, said.<\/p>\n<p>J.P. Morgan Personal Investing plans to use the technology capabilities of WealthOS to enhance its pensions offering, the memo added.<\/p>\n<p>Private banking is a large and competitive market in the UK, shaped by the country&#8217;s role as a global financial centre and home to a high concentration of wealthy individuals, family offices and international investors.<\/p>\n<p>Demand has been supported by an ageing population, rising cross-border wealth flows and a growing need for advice on succession, tax and retirement planning, making the segment a steady source of fee income for banks and asset managers.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Manya Saini in Bengaluru; Editing by Alan Barona<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Jan 22 (Reuters) &#8211; U.S. banking giant JPMorgan Chase (JPM.N), opens new tab has closed a deal to&hellip;\n","protected":false},"author":2,"featured_media":298285,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[177],"tags":[82519,82499,82758,36586,84105,85715,85716,85717,85718,79,82500,82502,82543,82538,82546,82549,82541,141163,82550,82559,82782,87222,124679,82560,82528,82531,82555,82542,82547,82539,82557,96120,82540,82548,82551,83113,18,32356,97937,82503,2004,45748,19,82766,96062,88143,88144,82767,94731,94732,17,721,82506,82524,88149,87201,124678,82494,234,235,82510,82558,84824,83126,107],"class_list":["post-298284","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-amers","tag-bact","tag-bisv","tag-biz","tag-blr","tag-bnk","tag-bnks","tag-bnks1","tag-bsvc","tag-business","tag-cmpny","tag-deal1","tag-destabn","tag-destabx","tag-destbnx","tag-destdnp","tag-deste","tag-destfma","tag-destfun","tag-destlita","tag-destobnk","tag-destocap","tag-destoebec","tag-destoma","tag-destoukbsm","tag-destousbsm","tag-destpco","tag-destpcu","tag-destpsc","tag-destrast","tag-destrbn","tag-destreuff","tag-destrnp","tag-destu","tag-destucdptest","tag-dli","tag-eire","tag-fin","tag-fine1","tag-fins","tag-fund","tag-gen","tag-ie","tag-invbis","tag-invbnk","tag-invbr","tag-invbr1","tag-invm","tag-invm1","tag-invman","tag-ireland","tag-legal","tag-mrg","tag-namer","tag-nrlpaobnk","tag-nrlpaocap","tag-nrlpaoebec","tag-nrlpaoma","tag-personal-finance","tag-personalfinance","tag-publ","tag-reuters-legal","tag-rtm","tag-soci","tag-us"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/298284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=298284"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/298284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/298285"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=298284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=298284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=298284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}