Leah Milner

Leah Milner has left Money Marketing

The squeezed middle: can mid-sized firms adapt to survive?

For financial advisers, coping with change is a way of life – whether that is driven by the regulator, shifting consumer demands, technology or a combination of all three. Since the RDR came into force in 2012, the reshaping of the sector has been particularly dramatic, and with Mifid II last year there has been […]

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Govt starts hunt for Carney’s successor at BoE

The government has started looking for a new Bank of England boss to replace Mark Carney (pictured) when he steps down next year. The Canadian governor will have been in the post for six years when he leaves Threadneedle Street on January 31 2020. For the first time the government is using a recruitment to […]

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Platforms adding needless tools in ‘paranoid’ bid for survival

Experts claim platforms are “running scared” and creating investment research tools that advisers do not want out of “paranoia” in a bid for self-preservation at Money Marketing Interactive today. The Lang Cat consulting director Steven Nelson says it is not surprising platforms keep adding investment tools that many advisers would prefer to buy in from […]

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Contingent charging is the root of all evil

First Actuarial business development director Henry Tapper claims “contingent charging is the root of all pension transfer evil”. In a panel debate on DB Transfers: A 2020 View at Money Marketing Interactive today, speakers argued over the degree to which different IFA charging structures constitute a conflict of interest. Lane Clark & Peacock actuary and […]

Looming correction in global equities, warns Pictet

Investors face a looming correction in global equities and should look to reduce their exposure, Pictet Asset Management has warned. The fund manager’s chief strategist Luca Paolini says that while developed economies are under pressure and corporates’ profit growth is slowing, the prospects for most stock markets look “uninspiring” He says: “A powerful rally across […]

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FCA under fire for failing to track consumer outcomes

The National Audit Office has criticised the FCA and three other regulators for failing to prove how they are responding to consumer problems and not offering enough protection to those in need. In a report today the NAO found that the regulators understand the significant difficulties facing consumers in the financial services and utilities markets, […]

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Standard Life returns to equity release after a decade

Standard Life has returned to the equity release market after more than a decade in a tie-up with specialist broker Age Partnership. The life company previously had a lending arm called Standard Life Bank which offered equity release mortgages until 2008 when it joined many rivals in retreating from the sector as the financial crisis […]

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Average cost of homes bought with HTB hits nearly £300,000

The average purchase price of a home bought using a Help to Buy equity loan reached nearly £300,000 in Autumn last year, outpacing the rise in UK house prices. New government figures on uptake of the Help to Buy equity loan scheme show that the mean price of a home bought through the scheme in […]

Can family office models help bridge advice gap for IFAs?

Confronting the darkest topics seems to be the way forward as financial advisers try to tackle the intergenerational gap Financial advisers should draw on aspects from traditional family office models to help hold on to clients across generations, leading advice market experts have said. By smoothing clients’ intergenerational wealth transfer, advisers can secure their clients’ […]