Specialise wisely is the advice for firms wanting to secure profitable clients
Berkshire Hathaway has reduced its stake in scandal-hit Wells Fargo ahead of the US bank’s results due Thursday morning. But Warren Buffett says not to read too much into the transaction, which has been prompted by increased scrutiny from regulators, the Financial Times reports. Following share buybacks last year, Berkshire’s stake in the bank, which […]
Hargreaves Lansdown is looking to boost its adviser numbers amid frustrations that only a few “good-quality” professionals are available to hire. Hargreaves chartered financial planner Danny Cox says the complexity around pension tax allowances, pension freedoms and changes to inheritance tax planning is driving the firm towards a hiring spree. Money Marketing understands the Bristol-based […]
LV= has poured cold water on reports than it is seeking a merger with another provider. Reports suggested last month that LV= had held talks with Royal London about a potential deal, but talks ended when the pair could not agree terms. It was also suggested the LV=’s general insurance business had received a number […]
Retirement Advantage group chief executive Chris Evans is to step aside at the start of May Evans will make way for chief operating officer Craig Fazzini-Jones after nearly 10 years at the head of provider, but will retain non-executive roles within the group. Retirement Advantage chairman William Proby said Evans’ leadership had helped the firm […]
Standard Chartered is looking to more than double the minimum wealth needed to become a private banking client at the firm. In a pitch to ultra-high-net-worths, the London-based bank is planning to hike its investable asset minimum from $2m (£1.6m) to $5m (£4m), while focusing its attention on clients above the $30m (£24m) mark, according […]
As we approach tax year-end and with pension tax allowances continuing to shrink, I have noticed an increased interest in alternative income tax relief investments such as enterprise investment schemes/seed enterprise investment schemes and venture capital trusts. But while these products can be the right recommendation, they should not be seen as the next-in-line investment […]
Embark Group, the owners of Sipp provider Hornbuckle and platform Avalon, has bought discretionary fund management research business Discus. The price of the deal was not disclosed. Discus will sit alongside The Adviser Centre and Scopic Research, Embark’s other investment research businesses. Embark said the move was targeted at helping advisers make better investment decisions. […]
Old Mutual has agreed to sell a 24.95 per cent stake in Old Mutual Asset Management to HNA Capital US for $446m (£355m). Following the sale, Old Mutual’s shareholding will halve from 50.8 per cent to 25.9 per cent. The initial part of the transaction, expected to take place in 30 days subject to US […]
The new financial trade association representing a merger of six bodies in the finance industry has been named as ‘UK Finance – Representing UK Finance and Banking’. The name for the new body comes after it was announced last year that the Asset Based Finance Association, British Bankers’ Association, Council of Mortgage Lenders, Financial Fraud Action UK, […]
Standard Life chief executive Keith Skeoch and Aberdeen Asset Management’s boss Martin Gilbert will share the role of chief executive following the merger of the two businesses. Skeoch and Gilbert will be co-chief executive, sharing responsibility for the executive committee, the combined group’s strategy and objectives and will oversee operational performance, strategic direction and the […]
Consolidator AFH Financial Group is planning to raise £10m in acquisition capital through a new share placing. The firm says net proceeds of the 175 pence per share placing will be used to “execute the company’s acquisition pipeline and for general corporate purposes”. In February, AFH made its fourth acquisition of 2017, acquiring Honiton-based IFA […]
Finding your niche might be the best thing to happen to your business growth
It is our responsibility to communicate the value of advice. What better evidence than the opinions of those who have experienced it
A solicitor or dentist wouldn’t meet clients at home on a Thursday evening, so why should advisers? We must change the perception of our profession
Which company will be the first to capitalise on the huge potential presented by a certain segment of the population?
Risk management is an ongoing process, requiring the right documentation, commitment and resource
Identifying the management information that matters is a key factor in businesses making a profit
I have been judging lots of awards lately and I have found many of the reports quite cumbersome to read. So, it got me thinking about the recent courses I’ve attended on report writing which might help improve the way you communicate with clients. Do you email clients their reports? Many clients may not register […]
Facebook ads should be a crucial part of an advice firm’s strategy for increasing website traffic
News and expert analysis straight to your inboxSign up
As HR director, a significant proportion of my job is focused on ensuring we have the right culture with the right people in the right roles. This helps us to deliver our business objectives and ensure it is always fit and ready for the future. Analytics experts Gallup tracks a range of employment, leadership, performance […]
As our younger generations return to school, college and university, September is a time of the year when some of us older ones also consider going back to college; maybe to study a new course or add new skills to our toolkit; or go even further and completely retrain. With the UK heading for skills […]
Advisers should aim to get to grips with two platforms in particular: LinkedIn and Twitter
For anyone who’s self-employed, their income is the most valuable thing they have – although they probably don’t realise it. By combining Income Protection with Life Cover, you can make sure their mortgage is protected, or that they’ll still have a regular income if they’re unable to work.
FSCS levies are one of the biggest bills advisers have to pay. But how are they calculated? Watch our video to find out Advisers slam levy increases as FSCS bills hit desks Solving the FSCS’ long list of problems FSCS chief executive Mark Neale’s blog
The benefits of a menu plan – mix and match a range of protection benefits to deliver the right cover for your clients’ needs with a Royal London menu plan.
FCA chief executive Andrew Bailey has just marked his first year at the top of the regulator. Money Marketing asks: Who is the man running the financial services show? Watch: Where do your FCA fees go?
Senior UK Equity Fund Managers Martin Cholwill, Richard Marwood and Henry Lowson discuss the future of dividends with Investment Week Editor Lawrence Gosling in the latest in a series of interviews focusing on UK Equities. During the video the managers look at the visibility and sustainability of dividends and how high dividend growth compares with […]
By Thomas Smith, Head of Latin American Equities, Neptune The investment case for Latin American equities has transformed dramatically over the past 18 months and, looking forward, it has two distinct drivers. In the short term, the region is benefiting from a cyclical economic recovery as two of the larger economies exit recession and the […]
So far this year, members of Canada Life’s ican technical team have answered over 3,000 queries from advisers on a wide variety of subjects. One of the main topics of conversation has been chargeable events, and below are the top 5 most common queries. No. 1. Entitlement to personal allowances The growth in the value […]