Financial education creates five-fold return on investment, study finds

Every pound spent on financial education initiates can create more than £5 in social value, a new study finds. Research firm ERS examined the impact of “survival” money management workshops delivered to more than a thousand 16-25-year olds who were either not in work, full-time education or training, or had care responsibilities. They found that […]

How to…select a DFM

With a firm understanding of clients’ needs and expectations, more advisers are looking to offer the perfect financial plan to cater for their circumstances, but where is the starting point for selection? A discretionary management service is one of the tools that advisers have at their disposal to craft the perfect plan for their client. […]

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SJP and IFP execs join CISI planning committee

The Chartered Institute for Securities and Investment has appointed four new members to its financial planning forum committee. St James’s Place senior manager for partnership development James Mallinson will work with the CISI on organising its forum events and also more broadly on financial planning strategy. Mallinson says:  “I am passionate about holistic financial planning and hope […]

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Pensions regulator bans ‘mastermind’ behind £13.7m scam

The Pensions Regulator has banned the man branded the “mastermind” of a £13.7m pension scam and his three accomplices from being trustees. David Austin – along with Susan Dalton, Alan Barratt and Julian Hanson – ran a scam that cost 245 people their pension savings, after the members were persuaded using cold-calling and other techniques […]

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Tony Wickenden: IHT planning faces a critical moment

Advisers are placing more importance on this tax, just as the OTS readies recommendations for its simplification I was fortunate enough to be asked to speak at an event run by Cicero Group earlier this month. Cicero was presenting some interesting adviser research on inheritance tax, and my job was to talk about it in the […]