{"id":713982,"date":"2026-01-22T22:30:09","date_gmt":"2026-01-22T22:30:09","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/713982\/"},"modified":"2026-01-22T22:30:09","modified_gmt":"2026-01-22T22:30:09","slug":"jpmorgan-buys-uk-pensions-technology-firm-wealthos-memo-shows","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/713982\/","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\" 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\" target=\"_blank\" rel=\"noopener\">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\" 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=\"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":713983,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3093],"tags":[124884,84731,84732,36313,168710,84733,84734,208759,84736,51,84737,205097,168726,168721,168727,168730,168724,213658,168731,168743,213661,213662,213664,205485,202702,201821,168733,168725,168728,168722,168734,213659,168723,168729,168732,202022,3671,474,201797,84739,12496,124880,205100,213655,213656,213657,205101,205105,213068,7900,205102,124887,213654,213660,213663,205484,2499,168719,168742,213027,202026,16,15,978],"class_list":{"0":"post-713982","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-amers","9":"tag-bact","10":"tag-bisv","11":"tag-biz","12":"tag-blr","13":"tag-bnk","14":"tag-bnks","15":"tag-bnks1","16":"tag-bsvc","17":"tag-business","18":"tag-cmpny","19":"tag-deal1","20":"tag-destabn","21":"tag-destabx","22":"tag-destbnx","23":"tag-destdnp","24":"tag-deste","25":"tag-destfma","26":"tag-destfun","27":"tag-destlita","28":"tag-destobnk","29":"tag-destocap","30":"tag-destoebec","31":"tag-destoma","32":"tag-destoukbsm","33":"tag-destousbsm","34":"tag-destpco","35":"tag-destpcu","36":"tag-destpsc","37":"tag-destrast","38":"tag-destrbn","39":"tag-destreuff","40":"tag-destrnp","41":"tag-destu","42":"tag-destucdptest","43":"tag-dli","44":"tag-fin","45":"tag-finance","46":"tag-fine1","47":"tag-fins","48":"tag-fund","49":"tag-gen","50":"tag-invbis","51":"tag-invbnk","52":"tag-invbr","53":"tag-invbr1","54":"tag-invm","55":"tag-invm1","56":"tag-invman","57":"tag-legal","58":"tag-mrg","59":"tag-namer","60":"tag-nrlpaobnk","61":"tag-nrlpaocap","62":"tag-nrlpaoebec","63":"tag-nrlpaoma","64":"tag-personal-finance","65":"tag-publ","66":"tag-reuters-legal","67":"tag-rtm","68":"tag-soci","69":"tag-uk","70":"tag-united-kingdom","71":"tag-us"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/713982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=713982"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/713982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/713983"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=713982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=713982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=713982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}