Connect with us

Technology

For the first time, British savers have an independent watchdog safeguarding their financial future

Published

on

Anders Ramsten managed £140 billion of retail fund assets at Swedbank. Institutions have access to professional fund evaluation tools. Everyday investors never did. PowerFunds is the result.

LONDON, June 4, 2026 /PRNewswire/ — Millions of British savers have their largest single investment, in many cases bigger than their house, in a fund a consultant or they themselves chose years ago. Nobody has reviewed it since. The information needed to evaluate those funds exists. What ordinary investors receive instead is simplified marketing and curated lists. PowerFunds is putting that information where it belongs: in the hands of the people whose money is actually at stake.

British savers can now check for free whether the funds they already own are among the best, and see where stronger-rated alternatives exist. PowerFunds rates every fund on two levels: how strong the category is, and how well the fund performs compared with the best index fund in the same investment category, based on long-term returns and fees. Each fund receives one of four clear ratings: Leading, Performing, Middling or Lagging. For £10 a month, PowerFunds monitors every fund a subscriber holds, alerting them the moment one starts to slip.

“The biggest risk for many investors is not choosing the wrong fund. It is staying in the wrong fund for years without realising it. We have created the first monitoring layer for retail investors that is structurally independent of the funds it assesses.” – Anders Ramsten, founder of PowerFunds

Only 8.6% of UK adults received regulated financial advice in the past year, according to the FCA’s Financial Lives 2024 survey. S&P SPIVA’s Europe Year-End 2024 report found that 93% of actively managed equity funds underperformed their benchmark over ten years. Based on analysis of UK fund performance data, on a £100,000 investment, that gap can exceed £140,000 over twenty years of investing. Same type of fund, different choice. For most savers, that gap is the difference between retiring when they choose to and working until they have to.

PowerFunds has secured seed funding from Symvan Capital, a London-based venture capital firm. With more than 7,000 users already on the platform, PowerFunds is now scaling up across the UK and Swedish markets.

“At Symvan, we back teams with strong vision, clear market opportunity and the ability to execute. PowerFunds’ focus on improving outcomes for everyday investors stood out immediately.” – Kealan Doyle, CEO, Symvan Capital

PowerFunds does not manage money or provide investment advice. Revenue comes from subscribers and affiliate agreements with the platforms carrying the highest-rated funds, and its ratings are structurally independent: a single, consistent methodology applies to every fund on the market. Most fund ratings tell you who won their type of race. PowerFunds tells you whether the race was worth running.

About PowerFunds
PowerFunds is built by a team with backgrounds spanning Swedbank, Spotify, Ogilvy, Young & Rubicam, Investor AB and Kindred. The platform covers every fund on the UK and Swedish markets and is built on an open, academically grounded methodology. PowerFunds is an alumnus of AI Forge, one of the UK’s leading AI incubators.

Contact 
Martin Fahnehielm, CMO Martin.fahnehielm@powerfunds.se +46 765 26 66 80

Links

PowerFunds
Symvan Capital
AI Forge
Anders Ramsten – CEO
Jan Seevers – CTO
Martin Sandberg – CGO
Martin Fahnehielm – CMO

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/powerfunds/r/for-the-first-time–british-savers-have-an-independent-watchdog-safeguarding-their-financial-future,c4357838

The following files are available for download:

View original content:https://www.prnewswire.co.uk/news-releases/for-the-first-time-british-savers-have-an-independent-watchdog-safeguarding-their-financial-future-302791391.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Jason Payne of Payne Law Firm Receives UH Law President’s Award at 49th Gala in Houston, Texas

Published

on

By

Jason E. Payne recognized for outstanding commitment to alma mater at UH Law’s record-breaking 49th Annual Gala.

HOUSTON, June 4, 2026 /PRNewswire/ — Jason E. Payne, founding attorney of Payne Law Firm, has received the President’s Award from the University of Houston Law Alumni Association, one of the law center’s highest honors for graduates who demonstrate exceptional professional achievement and enduring loyalty to the institution that shaped them. 

Jason Payne Receives UH Law President’s Award at 49th Gala in Houston, Texas

“Thank you to the University of Houston Law Center for presenting me with the President’s Award at this year’s 49th Annual Gala,” says Jason Payne, Founding Attorney. “It was truly an honor to be recognized by my alma mater.” 

For more information on how Jason Payne and his law firm give back to the community, visit https://www.paynelawfirm.com/.

A Personal Injury Legal Career Built on Accountability

The award was presented May 2, 2026, at the 49th Annual Law Gala & Auction, themed “Bond, Barristers, and Black Tie,” which raised more than $1.6 million, the most in the event’s history for support of student scholarships, advocacy programs, and faculty research. UH Law Dean Leonard M. Baynes called it “an evening of bonding and celebration,” crediting the UHLC community for “achieving the impossible by working together.”

The President’s Award recognizes graduates who build highly respected careers while dedicating their time to supporting UH Law Center students, alumni, and broader civic institutions, a standard Payne has met on both fronts throughout a career representing injured Texans.

Payne, a board-certified personal injury trial attorney and Port Arthur, Texas, native, earned his J.D. from the University of Houston Law Center in 2002. His practice, which serves clients in Texas and North Carolina, focuses on complex personal injury cases, including the growing field of rideshare accident litigation, where navigating overlapping insurance frameworks has become increasingly consequential for injured victims.

In rideshare cases, the insurance coverage available to an injured passenger, motorist, or pedestrian shifts depending on what the driver was doing with the app at the moment of collision — a distinction that can determine whether a victim recovers thousands or hundreds of thousands of dollars. It is precisely the kind of high-stakes, detail-driven advocacy that has defined Payne’s two-decade career.

Sustained Legal Recognition in Texas

Payne’s service to the University of Houston runs deep. He sits on the University of Houston Alumni Association Foundation Board, its Executive Committee, and the UH Board of Visitors. Before founding Payne Law Firm, he interned in the offices of then-State Rep. Garnet Coleman and then-State Rep. Sylvester Turner during his undergraduate years at the University of Houston. His professional accolades include the 2025 Cougar 100 Award from the University of Houston, Texas Super Lawyer recognition from 2019–2026, and Texas Rising Star from 2012–2017.

View original content:https://www.prnewswire.com/news-releases/jason-payne-of-payne-law-firm-receives-uh-law-presidents-award-at-49th-gala-in-houston-texas-302790858.html

SOURCE Payne Law Firm

Continue Reading

Technology

Flexential Appoints Sam Rudek as Chief Operating Officer

Published

on

By

Data center industry veteran to oversee development, product strategy, and service delivery as Flexential accelerates nationwide growth

DENVER, June 4, 2026 /PRNewswire/ — Flexential, a leading provider of secure and flexible data center solutions, has appointed Sam Rudek as Chief Operating Officer (COO) as it accelerates investment in high-density infrastructure, AI-ready environments, and nationwide capacity expansion.

In this role, Rudek will oversee all Flexential’s data center services, including development, engineering, product strategy, infrastructure management, and the FlexAnywhere® Platform, across more than 40 data centers in 18 markets nationwide. He will report to CEO Ryan Mallory, who was promoted from COO and President in October.

Prior to joining Flexential, Rudek held a COO role within CBRE’s Data Center Solutions group, serving as a senior leader across a 3,000-person engineering and operations organization spanning 350 data centers and a $1.2 billion capital asset upgrade and modernization program. He led HSE, technical, and reliability optimization across the portfolio and partnered with global leaders and OEMs to enhance CBRE’s Global Operational Excellence Academy. He also helped drive key changes to operational processes, introducing process enhancements, human factors training, and AI analysis that reduced human-caused downtime by 30%. Rudek previously held senior leadership roles at World Wide Technology, BGIS/Schneider Electric, and IES Communications, where he guided the company’s data center division to profitability within 14 months.

“Sam started his career on the data center floor and has spent more than 20 years building and running the processes that keep these environments reliable,” Mallory said. “That hands-on experience informs how he thinks about power, cooling, uptime, team development, and customer expectations. As we continue to bring new capacity online and prepare facilities for increasingly dense compute and AI workloads, Sam’s experience is exactly what we need.”

Under Rudek’s guidance, Flexential will continue its aggressive development timeline across the United States. The company recently acquired a parcel in Hillsboro, Oregon, that will be home to its sixth data center in the city and closed on two other facilities it already runs there. It purchased property for a second data center in Norcross, Georgia, its fifth in Greater Atlanta, and its fourth Denver-area facility will come online later this year in Parker, Colorado.

“Every data center I’ve ever built or run comes down to whether the people inside it have the processes and the tools to make the right call and help the customer,” Rudek said. “The operational decisions we make today will define how these facilities perform for years, and with Flexential growing faster than most companies in this industry, my job is to make sure the infrastructure keeps pace.”

To learn how Flexential helps enterprises build and manage the infrastructure behind their most demanding workloads, visit flexential.com.

About Flexential
Flexential empowers the IT journey of the most complex businesses by offering customizable hybrid IT solutions designed for today’s demanding high-density computing requirements. With colocation, cloud, interconnection, data protection, and professional services, the FlexAnywhere® platform anchors our services in 40 data centers across 18 highly connected markets on a scalable 100Gbps+ private network backbone. Flexential solutions are strategically engineered to meet the most stringent challenges in security, compliance, and resiliency. Experience the power of IT flexibility and how we enable digital transformation at www.flexential.com.

Media Contact
Jaime Dumas
Corporate Marketing
jaime.dumas@flexential.com

Christian Rizzo
Gregory for Flexential
crizzo@gregoryagency.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/flexential-appoints-sam-rudek-as-chief-operating-officer-302790962.html

SOURCE Flexential

Continue Reading

Technology

Mathnasium Ranked Among Entrepreneur’s Top 10 Education Franchises for 2026

Published

on

By

Earns Recognition in Entrepreneur’s Inaugural “Top 10 Franchises in Every Industry” RankingAlso Named Among Franchise Business Review’s Top Franchises for Culture for 2026Showcases a Proven Business Model Built Around Both Purpose and Performance

LOS ANGELES, June 4, 2026 /PRNewswire/ — Mathnasium Learning Centers, a globally recognized franchise with over 1,200 locations across 12 countries, has been named one of Entrepreneur magazine’s Top 10 Education Franchises in its inaugural “Top 10 Franchises in Every Industry” ranking for 2026.

The recognition comes as families continue investing in supplemental education and STEM-focused learning support, with the U.S. private tutoring market projected to grow by more than $32 billion through 2030.

A Proven Model Meeting Rising Demand
The new ranking recognizes the top-performing franchise brands across 17 industries based on Entrepreneur’s annual Franchise 500® evaluation process, which assesses brands across more than 150 data points, including franchise growth, financial strength and stability, franchisee support, brand power, and operational performance.

“Mathnasium sits at the intersection of two powerful trends: growing demand for supplemental education and increasing interest in purpose-driven franchise ownership,” said Tyler Sgro, CEO of Mathnasium. “This recognition reflects the strength of our franchise network, the value our centers deliver to families, and the significant runway we see for continued expansion.”

Franchisee Feedback Validates Mathnasium’s Culture-First Approach
Mathnasium’s momentum extends beyond growth and performance metrics. The brand was also recently recognized on Franchise Business Review’s ‘2026 Culture100 List,’ which honors franchise brands with strong cultures based on independent franchisee feedback across key areas including leadership, support, franchisee community, engagement, and overall satisfaction.

Key differentiators contributing to Mathnasium’s recognition include:

Personalized learning support that meets the rising demand for supplemental educationA purpose-driven approach centered on student success, community impact, and franchisee supportA widespread and strong franchise network that motivates each other to deliver for families and students

Franchise Opportunities Open Across Key Territories
With prime territories available across the U.S. and internationally, Mathnasium continues to attract entrepreneurs seeking a scalable, purpose-driven business opportunity backed by a proven operating model and growing demand for supplemental education.

The brand’s lower entry costs and streamlined footprint make it an accessible opportunity for both first-time and experienced franchisees.

Additional franchisee benefits include:

Lower start up costs, streamlined buildout timelines, and recurring revenue potential through membership-based enrollmentComprehensive training, ongoing operational support, and access to proprietary curriculum, technology, and business toolsA balanced national-and-local marketing approach backed by infrastructure designed for long-term scalability and multi-unit growth

For information about Mathnasium’s franchise opportunities, visit — https://mathnasiumfranchise.com/.

About Mathnasium 

Mathnasium Learning Centers is North America’s leading math-only supplemental education franchise. Since 2002, the Mathnasium Method™ — the result of decades of hands-on instruction and development — has been transforming the lives of children in grades K-12 by offering comprehensive assessments, fully individualized learning plans, and teaching true math comprehension. With more than 1,200 learning centers worldwide in 12 countries, Mathnasium has been ranked on Entrepreneur Magazine’s list of top 500 franchises 18 times since 2004. For more information about Mathnasium franchise opportunities, visit https://mathnasiumfranchise.com/.

Contact: 
Bridget Roberts 
broberts@fishmanpr.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/mathnasium-ranked-among-entrepreneurs-top-10-education-franchises-for-2026-302790983.html

SOURCE Mathnasium

Continue Reading

Trending