Schroders explores options, including sale, for financial planning unit Benchmark Capital, sources say
Core Viewpoint - British money manager Schroders is considering various options, including a potential sale, for its financial planning unit, indicating a strategic shift in its business focus [1] Group 1: Company Actions - Schroders is exploring options for its financial planning unit, which may include a sale [1] - The move is part of a broader strategy to enhance operational efficiency and focus on core business areas [1] Group 2: Market Context - The exploration of a sale comes amid increasing competition in the financial planning sector, prompting firms to reassess their business models [1] - Benchmark Capital is mentioned as a potential interested party, highlighting the interest from private equity in financial services [1]