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.
Consumers find the annuity process very confusing but introducing a quality mark or kite mark would give them the confidence to engage with advisers
Analysis of the direct platform’s big pricing move.
Improving annuity rates is only part of the story but to get the right type of income at the right time generally needs professional advice.
We know there are lots of different views about what is going wrong and what action we should be taking to make things better.
We still have no official plan on how to sort out the market’s many problems.
I do worry consumers that do not have a financial adviser will never understand the issues.
Buying anything ‘Bespoke’, or tailor-made, is expensive. Generally people buy ready-made, or ‘off-the-peg’, because their needs are common.
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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.
“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.