Standard Life’s latest strategy for ensuring that its demut-ualisation vote goes to plan involves pandering to the reality TV crowd.Apparently, these people are the 25-35-year-olds glued to the likes of Big Brother and X Factor and least likely to vote in this spring’s SGM. The Diary is not sure if Standard will be approa-ching the likes of George Galloway or Dennis Rodman to wear the inevitable campaign T-shirts and, if so, whether it will be just as successful as dressing Sandy Crombie in a Keep SL Mutual T-shirt in 2000.Christmas may be long gone but it is always somehow on the mind of the Diary and, with many companies cancelling Christmas parties or downscaling them to cut costs, it is good to see that Halifax was still pulling out all the stops to entertain its staff. Apparently, the firm shelled out 100,000 to get ex-Pop Idol star Will Young to warble his way through 15 numbers at its bash, putting others to shame. Who gives you extra?
Advisers have one of the most difficult jobs in the whole industry. They need to spend time running their business and nurturing client relationships but they also need to spend a considerable amount of time thinking about investments.
The financial services industry has been hit by a plague of ambulance-chasers which are running off with advisers’ compensation payouts to customers. The claims management sector’s voluntary watchdog, the Claims Standards Council, says it has been inundated with complaints about claim management firms which enter the market and then disap- pear with their customers’ compensation. […]
IFA Promotion has been awarded a Plain English Campaign Award for its consumer guide Financial advice: The buzzword is independent. The guide, aimed to clear up any confusion surrounding financial advice after depolarisation, topped the 2005 Plain English category as one of the years clearest documents.
In what could turn out to be an even busier year than 2005 for the VCT industry, it is refreshing to see quality names launching and being realistic about the amount of money that they want to raise and invest. Aberdeen has launched its C-share issue this week for the existing Aberdeen growth opportunities VCT […]
By Fiona Tait, Pension Specialist Royal London firmly believes in the value delivered to clients by financial advisers, not just for one-off events but on an ongoing basis. This is a position we continue to hold in our consultation responses and external communications while always questioning whether there are ways in which we can help […]
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Offsetting the cost of advice this way would benefit clients and advisers alike One of the multiple barriers to better take-up of financial advice is that some people are unwilling or unable to meet the upfront cost. In response to this, the government has allowed people to take small chunks (three lots of £500) out […]
Fund managers like to trade off having a unique style. There thousands of funds out there to choose from – the question I often hear from advisers is: what makes this person different? Sometimes this can be a really tough one to answer. “We invest for the long term” is all fine and good, but […]
With rising costs and an increasingly tough regulatory market more advisers are looking to outsource their investment proposition, with many leaning towards discretionary fund managers. But while the number of advisers using DFMs is on the up, overall satisfaction with them has dipped. According to a recent survey by financial information firm Defaqto, 74 per […]