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
The UK could be the world leader in financial technology but a change in attitude from the Financial Ombudsman Service is needed
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.
“Saving more tomorrow” is a great concept but doing it now is even better.
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
The most important thing is ensuring as many consumers as possible get the financial advice they need
Gearing, the ability to invest at a discount and better access to some illiquid and specialist markets and make investment trusts an appealing alternative to unit trusts for the right investors.
Ukip’s growing status in British politics merits close inspection by financial services.
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.
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.
FCA director Nick Poyntz-Wright will be joining us this Thursday afternoon.
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.
It is currently boom time for wrap providers but unless they are able to offer app functionality they will quickly become yesterday’s technology.
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.
The Government’s statement of intent over the need to improve the transparency of pension charges is a welcome intervention.
If I were a pension provider right now, I would be desperate to addess the problems in the annuities market.
Why is there so little representation of financial advisers at the top of the regulator?
Steve Webb’s desire to introduce a charge cap for auto-enrolment and encourage collective DC are driven by a desire to improve the pension provision of scheme members.
The rise in DIY investing will mean more investors having to undertake their own research and this could see star managers lose some of their attraction.
Consumers confusion over advice, information and guidance is holding them back from engaging with financial advisers and planners.
The Court of Appeal decision prevents most customers from taking two bites of the compensation cherry.
price war? So far, the souk has been more like a gentle British public school fete.
Consumers don’t need patronised with ‘simple’ products and will only end up with substandard products instead.
As the FCA’s review of the annuity market failed to provide any suggestions to tackle the problems, Robert Reid offers some straightforward ways to improve consumer outcomes.
The Government is considering giving advisers three years to comply with a ban on commission for auto-enrolment schemes.
Policymakers must be conscious of the number of people losing out every day due to market failure.
Face-to-face advice as practiced by the majority of IFAs will be seen as an anachronism.
Mortgage industry appears to be taking a less confrontational approach to the mortgage market review.
A genuine investor led revolution is underway in financial services.