Malcolm Streatfield says current FSCS levies are a “disproportionate tax” on good advice firms
Tatton Asset Management is set to float on the London Stock Exchange next month, bringing both its DFM service and support service network Paradigm to the public market. Tatton hopes to raise £50m from the deal. The firm will list as Tatton Asset Management, splitting into three subsidiaries: Tatton Capital Limited for DFM services; Paradigm […]
“Adviser happiness index” suggests firms have a positive outlook despite the challenges of the advice sector
The FCA published its consultation on advising on pension transfers this morning
Wide-ranging brief will include creating a single guidance body and oversight of The Pensions Regulator and The Pensions Ombudsman
Specialise wisely is the advice for firms wanting to secure profitable clients
Bank sets up bespoke planning offering for wealthy clients
Guaranteed drawdown may be the answer amid scepticism over annuities.
Networks review adviser’s roll in advising on equity release after regulator’s decision not to introduce standalone qualification.
The wider implications for advisers and financial services
Openwork reports increased revenues of £283.4m and pre-tax profit of £9.2m
Phil Young leaves role after 14 years with the support service provider.
Networking can be extremely useful to advisers in businesses that work in isolation. But how do you ensure doing so does not waste precious time?
A lot of the key questions and concerns can be answered by putting yourself in the client’s shoes
A lack of clarity about the direction of your business creates havoc
Providers are requesting guarantees and checking a firm’s financial strength before agreeing to upfront commission payments
Existing training providers have seen their funding slashed while advice firms have to wait longer to register their employees for apprenticeship schemes
The evolution of the advice profession has stemmed from a lot of hard work from advice firms. They have spent a long time working up and revisiting their propositions to ensure consistently high levels of service to clients, as well as investing in staff to help deliver on business promises. Advisers and consumers are less […]
The drivers behind the business pose a challenge for most
life firms, asset managers and banks, but not advisers
A lot of financial planning firms are relatively small by way of number of employees. One of the challenges faced by a business owner is to ensure staff are supported to develop and improve. Having an individual training plan for each employee can be helpful in focusing on agreed technical learning, as well as skills […]
Would a mixture of both exam and coursework be a better test of an adviser’s knowledge?
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How many advisers are there? That shouldn’t be a purely academic question; if we care about access to good financial planning, then it is a key part of how we should judge our success or failure. I’ve heard the same refrain about a “shrinking market” since I started covering the profession. A frequently quoted statistic […]
Pensions, the weather and Princess Diana. These are said to be the go-to staples of a certain tabloid when news is particularly slow. If there were to be an adviser equivalent, stories about FCA bans and fines, fraud, celebrities and poor advice would be up there. Last week we saw footballer Alan Shearer settle a […]
The question is not what you can do for your apprentice, but what your apprentice can do for you