As a Bankers’ Oath is proposed, could it be time for an Advisers’ Prayer?
While advising clients to invest for their own long-term future, apply the same rule and ensure that you invest in your own long term with a decent back-office system.
How do advisers tackle simplified advice from a legal standpoint?
It should not be acceptable that UK consumers are prevented from receiving the advice they need at a price they can afford.
Which share class should be used as the primary share class to calculate performance data in a post-RDR environment?
I am vehemently opposed to Chancellor George Osborne’s free pension guidance. It isn’t free to me, and by extension it isn’t free to my clients
People often become rich by not taking prisoners. They do, however, make hostages of advisers who are foolish or greedy enough to let them
When I hear the words “execution-only”, it conjures up the image of the firing squad where the soon-to-be victim is given one last cigarette
Underwriting and the current pay structure are holding back protection sales.
While the entire industry is busy welcoming George Osborne’s pensions freedom with open arms, is anyone considering the potential £15bn hole it will leave in public finances?
We must never lose sight of the impact pension scams have on victims and their families.
One of the striking things about many regulatory discussions over the years has been their utter predictability, usually on the IFA side
The literature from the Treasury and the FCA this week did its best to reassure the financial services industry that guidance can be delivered successfully.
Defining whether you want to operate as a specialist or generalist is becoming a core requirement for advisers in establishing their proposition.
With one of the worst protection gaps in Europe, what will it take to address the issue?
If the Chancellor wants the political cover guidance could bring it will have to be as bold as the pension freedom agenda.
With a lack of detail around the complaints long-stop and a potential Cobs breach not yet ascertained, advisers would be wise to act in accordance with there being no shelf life to their liability.
Zurich is the newest of the life insurer-owned platforms to enter the already crowded market. It now faces an opportunity to take advantage of some of its USPs
It is disheartening that some Sipp providers have lobbied for commercial property to be a non-standard asset under forthcoming capital adequacy rules.
More answers needed before firms can develop simplified advice models with confidence.
As far as delivering good investment outcomes is concerned, the freedom of the new pension rules may present a serious threat.
Why is it so hard for the FSCS to ask the consumer for their sort code and account number and simply transfer the cash?
In just two months’ time, the future of Scotland and the UK could be irrevocably changed.
Anyone who is or has ever been a parent will know what it is like to inspire a young child to engage in worthwhile activities.
Will the Pensions Schemes Bill lead to a step-change in retirement provision – or is it only words?
Government proposals to simplify IHT charges on trusts have shown that reform is far from simple.
What questions should advisers ask clients in the new world of flexible retirement?
Business continuity plans address key risks and set out a protocol for dealing with unforeseen outcomes.
Higher net worth clients may seem desirable but can pose all kinds of compliance and legal problems.
Focusing on the cost of advice can detract from the outcome for clients.
Online services are taking a longer-term approach to retirement planning that could help consumers achieve better outcomes.
Advisers have typically focused on building technical knowledge but are financial planning skills becoming the key differentiator?
In this dog-eat-dog world yesterday’s partners are today’s sworn enemies.
Prepare for providers stop paying trail and pocket it to prop up their frail business models.
Is the FCA’s mounting drive to seek personal undertakings from senior industry executives a dangerous or potentially improper escalation of regulatory intervention?
There are some investment collapses of recent years that refuse to go away.
Here we go again with pension simplification round two.
With new initiatives continually coming to market, it makes it even harder for the average consumer to understand the profession’s nuances.
Apfa is making its case to the FCA regarding the long-stop over liability for advice, calling it a “golden chance for progress”
Many naively suggested investment trust sales would surge post-RDR in a commission-free world, now they are on a level playing field with Oeics.