Schroders explores options, including sale, for financial planning unit Benchmark Capital, sources say

LONDON, Dec 3 (Reuters) - British money manager Schroders is exploring options, including a potential sale, for its financial planning unit Benchmark Capital, two people familiar with the matter told Reuters, part of a wider shift away from serving mass-affluent customers in favour of richer, more profitable clients. "As a matter of policy, we do not comment on speculation and we remain focused on investing in the business and executing our ambitious multi-year growth plans,” a Schroders spokesperson said in an e-mail to Reuters. “Benchmark is a business with strong growth prospects and ambitious plans to further accelerate expansion in 2026 and beyond." Benchmark supports more than 1,000 financial planners across the UK, managing about 32 billion pounds ($42.4 billion) of assets.

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