Mike Bell: There is an alternative to equities

Cutting back on costs can lead to a challenging environment for risk assets TINA, meaning “there is no alternative” to owning risk assets like credit and equities, has defined much of the current bull market. TINA wasn’t an accident, central banks purposefully sought to reduce the return available on safe assets to force investors into […]

Ian McKenna

Ian McKenna: The future of adviser technology

From emotion recognition systems to AI compliance functions, the T3 conference points the way forward Adviser technology that appears in the US is often a sign of things to come here and gives a chance to learn from early adopters. One of the most valuable conferences I visit around the world is Technology Tools for […]

HMRC transaction figures show slow start to year

There were 0.8 per cent more residential property transactions in January 2019 than in December 2018, according to latest figures from HMRC. This equates to 101,170 properties transacted when counted on a seasonally adjusted basis, 1.3 per cent higher than the number recorded in January 2018. Additionally, HMRC reports that the start of this year […]

Asset manager hits back at FCA fine

An asset manager has hit back at its fine from the FCA this morning over alleged price-fixing in initial public offerings and share placings. This morning, the FCA announced that, for the first time, it had used its new competition enforcement powers to fine Hargreave Hale and River and Mercantile for their role in sharing […]


Three advice firms make latest FSCS default list

The Financial Services Compensation Scheme has published its latest list of defaulted firms, with financial and mortgage advice firms featuring prominently again. Three financial advisers and a mortgage adviser feature on the list of eight firms. Glasgow-based Allan McRoberts was a two-man band advice firm which also traded under the A.M. Wealth Management Services brand, […]

Arrows hit target.

Iress eyes DFM growth to boost profits

Australian technology provider Iress has seen increases in both revenue and profits for 2018, with 7 per cent overall driven by its UK business. Iress is known predominantly for its back office system software Xplan, which is currently used by a wide range of advisers including planning and discretionary fund management firm Charles Stanley, national […]


Quilter acquires 200-adviser firm

Quilter has acquired financial planning business Charles Derby in a deal that will add over 200 restricted advisers to its national advice arm. Charles Derby was already a member of Quilter’s network Intrinsic but has now been fully acquired. The acquisition will see over 200 restricted financial planners transition to Quilter’s national advice business during […]