Those wanting to be independent will find their services are more valued by those with a greater level of disposal income
Politicians have been outsourcing policymaking to unelected bodies for many years.
Getting clients involved in the financial planning process helps to cement the relationship with their adviser by making them feel part of the process
Firms acting as ‘introducers’ are able to promote unregulated investments without any regard to the suitability of an investment
Advisers need to change the protection conversation away from insuring things like mortgages to covering clients and their family’s lifestyles
Fund managers need to ensure they get best value when spending clients’ money but we need a reasoned debate on the best method of paying for investment research
Yesterday’s cases should not be judged by today’s standards.
Corporate cultures won’t change in financial services unless CEOs and Boards are forced to do it.
Labour and the Liberal Democrats could end up in coalition after the next general election.
Although risk is essential to getting decent investment returns, to be able to function under current regulations you need to go as heavy on client risk warnings as you can
Investors must have a “Minimum Acceptable Return” otherwise taking on risk is pointless. MAR is the client’s critical target requirement, plus inflation, plus TCO.
Old Mutual Wealth’s acquisition of 3,000-adviser firm Intrinsic is a significant move
Ukip’s growing status in British politics merits close inspection by financial services.
It’s frequently said it too easy to borrow money but financial regulation makes it far harder to save.
The protection market has made great progress through innovations like partial payments and severity-based cover, but we are from the finish line.
There is nothing wrong with restricted advice but trying to blur the difference between restricted and independent simply confuses consumers.
Editor's comments of the week
The Government’s statement of intent over the need to improve the transparency of pension charges is a welcome intervention.
The most important thing is ensuring as many consumers as possible get the financial advice they need
It is currently boom time for wrap providers but unless they are able to offer app functionality they will quickly become yesterday’s technology.
The UK could be the world leader in financial technology but a change in attitude from the Financial Ombudsman Service is needed
“Saving more tomorrow” is a great concept but doing it now is even better.
The FTSE 100 got to within 100 points of a record high but indifferent company news, led by the banking sector, has acted as a break on the index.