Guide to Advice arms consumers with the tools they need to make the right financial decisions
Advisory business Almary Green is lauching a graduate recruitment scheme to ensure the business has access to high calibre new entrants to financial services. The new graduate training scheme is launching in September and will take on two new entrants initially. The training scheme is for three years and will cover all aspects of financial […]
The equity release market has endured a tough time over the past few years. In the aftermath of the credit crunch, many lenders pulled out of the market due to problems securing funding and Stonehaven was among the long list. In 2010, the company suspended lending but one year later it secured a backer. “We […]
Should advisers outsource their protection administration? With the RDR forcing advisers to take stock of their businesses, is outsourcing really the best option?
The RDR has been blamed for the glut of banks pulling out of the advice market. But are technology and culture just as much to blame? And is there any chance of a U-turn?
Although adviser numbers have been falling since the launch of the RDR, paraplanner numbers have increased, encouraging the launch of new learning and support services for the profession. The Personal Finance Society Members Survey 2012 revealed that paraplanner numbers have grown in line with the organisation’s general membership, increasing from 1,644 paraplanners in 2010 to […]
Aviva UK Life intermediary director Andrew Beswick says the company will continue to target strong growth for its platform and that advisers need to adapt their business models in the new world
One of the aims of the RDR was to ensure financial advisers are appropriately qualified to offer advice to clients and it introduced the requirement of achieving a QCA Level 4 qualification. Although the number of advisers has decreased significantly in the last 12 months, many advisers that achieved the new minimum requirement have taken […]
The Personal Finance Society has announced a 25 per cent rise in the number of chartered financial planning firms in the last 12 months, taking the total number in the UK to over 500. In February, the PFS revealed that the number of individual chartered financial planners had exceeded 10 per cent of its membership […]
The Mortgage Advice Bureau says improving conditions in the mortgage market are behind its decision to continue to expand its high-street presence. The business has opened its fifth high-street mortgage shop, adding to the two it opened last year, and says it has plans for further openings in future. The new shop is based in […]
Bestinvest chief executive Peter Hall says he is looking to double the company’s assets under management to $10bn within the next five years by acquiring a number of large firms. The investment advisory business currently holds around £4.7bn in assets under management on behalf of more than 50,000 clients. Speaking to Money Marketing, Hall says he […]
After a career that has taken him to New York and back, Bestinvest chief executive Peter Hall believes some in the industry would benefit from clearer execution-only guidance