{"id":535563,"date":"2026-01-22T22:17:10","date_gmt":"2026-01-22T22:17:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/535563\/"},"modified":"2026-01-22T22:17:10","modified_gmt":"2026-01-22T22:17:10","slug":"jpmorgan-buys-uk-pensions-technology-firm-wealthos-memo-shows","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/535563\/","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":3,"featured_media":535564,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[216147,216192,216193,100774,217023,217543,224382,224383,217544,64,216194,217024,216208,165868,165877,216209,165874,236948,165883,216409,218102,224402,232340,224450,217357,216215,216210,219986,165879,216163,165889,236949,165873,165880,165884,115881,67458,216197,101727,14073,165856,216399,224395,224396,224397,216400,228299,224398,4630,217027,216149,218091,224400,232338,224442,255,217029,216408,232335,218389,67,132,68],"class_list":{"0":"post-535563","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-fine1","46":"tag-fins","47":"tag-fund","48":"tag-gen","49":"tag-invbis","50":"tag-invbnk","51":"tag-invbr","52":"tag-invbr1","53":"tag-invm","54":"tag-invm1","55":"tag-invman","56":"tag-legal","57":"tag-mrg","58":"tag-namer","59":"tag-nrlpaobnk","60":"tag-nrlpaocap","61":"tag-nrlpaoebec","62":"tag-nrlpaoma","63":"tag-personal-finance","64":"tag-publ","65":"tag-reuters-legal","66":"tag-rtm","67":"tag-soci","68":"tag-united-states","69":"tag-unitedstates","70":"tag-us"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/535563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=535563"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/535563\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/535564"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=535563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=535563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=535563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}