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Brexit: Govt tells City it plans to break with EU regulation

The Government has outlined plans for post-Brexit financial services regulation in the UK to ultimately diverge from the European Union. Brexit secretary David Davis met with City leaders last week at Chevening, foreign secretary Boris Johnson’s country residence, the Financial Times reports. Davis told a breakout session for financial services that the UK would lose potential competitive gains from […]

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Adviser gadget of the week: WiFi Map

Wifi Map is a free app to help users find free wifi anywhere in the world. It shows the locations where free wifi is offered on a map, together with the password for the hotspot. It incorporates a speed test so the user can understand how fast the wifi hotspot connection will be. It can […]

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Chase de Vere acquires specialist financial planning firm

Chase de Vere has acquired specialist financial planning firm Medical Money Management. The firm, which advises medical and dental professionals, has eight offices ranging from Exeter to Glasgow. 30 IFAs will join Chase de Vere through the acquisition alongside another 50 staff. Chase de Vere did not disclose the cost of the deal. Medical Money […]

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The upcoming tech trends to make advisers’ lives easier

Good technology underpins, rather than undermines, adviser propositions The FCA’s final report on its study of the asset management market, highlighting average margins of 36 per cent and questionable price competition, was the latest in a long line of official initiatives to shine a spotlight on the costs of financial products, services and advice. With […]

Compliance

Compliance tip: Managing emerging conduct risks

The advice sector is on the cusp of a major regulatory shift, set to change customer behaviour and market conditions. Firms need to focus on three core areas to ensure they remain competitive and effectively meet regulatory obligations, particularly as new conduct risks emerge.   Culture Culture plays a key role in effectively adapting to future […]