View more on these topics

More firms back adviser recruitment initiative

FP Wealth Management and wealth manager LGT Vestra have been confirmed as part of “plug and play” advice training initiative, Future of Advice.

Future of Advice was set up this year by Bournemouth-based IFA Kevin Forbes of Strategic Solutions in partnership with advice consultants Simplify Consulting and representatives of Bournemouth University.

The programme offers student placements in financial advice firms to encourage them to consider entering the profession after graduation.

Speaking to Money Marketing, Forbes says FP Wealth Management’s previous experiences with graduate interns would allow the initiative to expand its reach.

He says: “It has already taken on two placement students and then employed them after they went back so have a brilliant story to tell about how well it works. I am very pleased they came on board to share their passion for this.”

FP Wealth Management will work with Bournemouth University on accepting placement students.

Forbes says convincing Bournemouth University to reinstate its financial services degree remains Future of Adivce’s primary focus.

Until then, the initiative will look to match graduates with more advice firms, allowing them to work up to IFA status after university.

Recommended

Offshore amnesty could bring in 5bn

The Government’s amnesty for UK taxpayers with undisclosed offshore bank accounts could net the Treasury up to 5bn.

Delivering advice and guidance in the workplace

Three advisers share their ideas and experiences of helping employees with their financial decisions The workplace is instrumental in engaging people to save for retirement. How are advisers helping employers provide advice or guidance to their employees? Telephone guidance Financial education provider and advice firm Wealth at Work recently launched a telephone guidance service to […]

Advice advisers eraser
4

Why I went restricted: Three advisers share their stories

Some advisers are welded to independence but for others restricted status makes more sense. Three restricted advice firms share their experiences  The one-man band  Lowland Financial managing director Graeme Mitchell became restricted after he was advised that a one-man band would not be able to demonstrate true independence after the Retail Distribution Review. “I took compliance advise and spoke to the FCA asking how feasible is it for a one-man band to demonstrate […]

Equity release a growing market for solicitors – Pru

Research from Prudential conducted among UK private client solicitors shows a growing need for advisory work in equity release. Twenty nine per cent of solicitors believe demand for legal guidance in the area of equity release will increase in the next five years and over the last two years, one in four (26 per cent) […]

The calm after the storm

Craig Inches, Head of Short Rates and Cash at Royal London Asset Management, reflects on the muted tone of gilt markets over the past week following the recent turbulent activity in this sector. Read the article here  The value of investments and the income from them is not guaranteed and may go down as well […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com