{"id":634607,"date":"2026-06-12T09:44:19","date_gmt":"2026-06-12T09:44:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/634607\/"},"modified":"2026-06-12T09:44:19","modified_gmt":"2026-06-12T09:44:19","slug":"bwc-benchmarking-agrees-new-service-for-uks-pimfa-member-firms","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/634607\/","title":{"rendered":"BWC Benchmarking Agrees New Service For UK&#8217;s PIMFA Member Firms"},"content":{"rendered":"<p><img decoding=\"async\" class=\"inset-img\" alt=\"BWC Benchmarking Agrees New Service For UK's PIMFA Member Firms \" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/06\/Advisor.jpg\"\/><\/p>\n<p class=\"standfirst\">The service will provide member firms of the UK-based organisation with details such as peer comparisons and broader market intelligence.\t  \t  \t  <\/p>\n<p>&#13;<br \/>\n  <a href=\"https:\/\/www.wealthbriefing.com\/html\/section.php?keywords=PIMFA\" rel=\"nofollow noopener\" target=\"_blank\">PIMFA<\/a>, the trade&#13;<br \/>\n  association representing wealth managers and financial advisors&#13;<br \/>\n  throughout the UK, has agreed with <a href=\"https:\/\/www.wealthbriefing.com\/html\/section.php?keywords=BWC%20Benchmarking\" rel=\"nofollow noopener\" target=\"_blank\">BWC Benchmarking<\/a> to&#13;<br \/>\n  develop a new benchmarking and business insight service for PIMFA&#13;<br \/>\n  member firms.&#13;\n<\/p>\n<p>&#13;<br \/>\n  The new initiative, which will form part of PIMFA&#8217;s existing&#13;<br \/>\n  member proposition,\u00a0is expected to be launched later this&#13;<br \/>\n  year, BWC said in a statement this week.&#13;\n<\/p>\n<p>&#13;<br \/>\n  Developed in partnership with BWC, formerly Compeer, the service&#13;<br \/>\n  will provide member firms with access to benchmarking insights,&#13;<br \/>\n  peer comparisons, and broader market intelligence as part of&#13;<br \/>\n  their membership, helping to support strategic planning, business&#13;<br \/>\n  performance, and operational decision-making.&#13;\n<\/p>\n<p>&#13;<br \/>\n  The agreement combines\u00a0BWC&#8217;s benchmarking expertise and&#13;<br \/>\n  sector data with PIMFA&#8217;s industry reach, member engagement and&#13;<br \/>\n  understanding of the policy and regulatory environment.&#13;\n<\/p>\n<p>&#13;<br \/>\n  &#8220;Access to high-quality data, peer comparison and market insight&#13;<br \/>\n  is becoming increasingly important for firms operating in a&#13;<br \/>\n  competitive and fast-changing environment,\u201d David Ostojitsch,&#13;<br \/>\n  director of government relations and policy at PIMFA, said. \u201cBy&#13;<br \/>\n  combining BWC&#8217;s trusted benchmarking capabilities with PIMFA&#8217;s&#13;<br \/>\n  understanding of the sector, our member community and our&#13;<br \/>\n  engagement with policymakers and regulators, we have an&#13;<br \/>\n  opportunity to create something that delivers real value for&#13;<br \/>\n  firms.\u201d&#13;\n<\/p>\n<p>&#13;<br \/>\n  &#8220;This initiative represents another important enhancement to the&#13;<br \/>\n  PIMFA member proposition and demonstrates our ongoing commitment&#13;<br \/>\n  to ensuring members receive practical support, relevant insight&#13;<br \/>\n  and tangible benefits from their membership,\u201d Ostojitsch added.&#13;\n<\/p>\n<p>&#13;<br \/>\n  James Brown, CEO of BWC Benchmarking, said: &#8220;PIMFA represents a&#13;<br \/>\n  significant and influential community of wealth management and&#13;<br \/>\n  financial advice firms, making it an ideal partner as we continue&#13;<br \/>\n  to expand the reach and impact of our benchmarking capabilities.&#13;\n<\/p>\n<p>&#13;<br \/>\n  BWC Benchmarking was formed in 2025, following the acquisition of&#13;<br \/>\n  Compeer&#8217;s core services. In January, the organisation <a href=\"https:\/\/www.wealthbriefing.com\/html\/article.php\/exclusive%3A-bwc-benchmarking-study-gives-data-%22treasure-trove%22-on-uk-wealth-industry-\" rel=\"nofollow noopener\" target=\"_blank\">&#13;<br \/>\n  issued<\/a> its State of UK Wealth Management Report&#13;<br \/>\n  (based on data collected from wealth management firms throughout&#13;<br \/>\n  2025). It highlighted that sector costs rose 6.6 per cent&#13;<br \/>\n  year-on-year;\u00a0revenues rose 4.8 per cent; pre-tax profits&#13;<br \/>\n  dipped 0.8 per cent; investment assets rose 10.2 per cent; and&#13;<br \/>\n  staffing gained by 2.8 per cent. Private banks remain the largest&#13;<br \/>\n  contributors to overall industry revenue.&#13;\n<\/p>\n<p>&#13;<br \/>\n  Separately, PIMFA said yesterday that Nigel Stockton, CEO of&#13;<br \/>\n  TrinityBridge, has been elected to its board of&#13;<br \/>\n  directors.\u00a0<\/p>\n<p>(Bruce Weatherill, chairman of BWC Benchmarking, is also chairman&#13;<br \/>\n  of ClearView Financial Media, publisher of this news service.)&#13;<\/p>\n","protected":false},"excerpt":{"rendered":"The service will provide member firms of the UK-based organisation with details such as peer comparisons and broader&hellip;\n","protected":false},"author":2,"featured_media":634608,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,57,58,50,56,54,55],"class_list":["post-634607","post","type-post","status-publish","format-standard","has-post-thumbnail","category-united-kingdom","tag-gb","tag-great-britain","tag-greatbritain","tag-news","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/634607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=634607"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/634607\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/634608"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=634607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=634607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=634607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}