One area grabbing the protection industry’s attention at the moment is the provision of legal advice for those diagnosed with a serious or terminal illness. Some providers already offer basic legal advice more generally through telephone helplines as part of their “value-added” support packages. The idea is to provide practical help rather than just throw money […]
The facilitation of ongoing advice fees is back in the news. The usual pundits say facilitation results in higher charges, a lack of transparency and the overcharging of clients with larger portfolios. I cannot rule that out but in my experience wealthier individuals tend not to be fools. Firms charging the same percentages for £5m, […]
Santander is dropping a controversial clause in its buy-to-let contracts that asked landlords to increase rents by “as much as can be reasonably achieved” whenever possible. The change will apply to all Santander’s new buy-to-let contracts, though it will remain in existing contracts. Money Marketing sister title Mortgage Strategy was contacted last month by a […]
Star fund managers Neil Woodford and Terry Smith ran some of the most sold funds in January, according to Charles Stanley Direct. Only the Axa Framlington Biotech fund was more sold over the month, while the Artemis Global Income was the best selling. The Woodford UK Equity Income fund suffered a “disappointing” 2016 delivering investors returns of […]
Written by Mike Riddell29 June 2016 Headlines over the past few days have screamed about record falls in sterling, record low bond yields and massive falls in equity prices. However, if you take a slightly longer view of markets rather than simply the one- or two-day reaction, I think it’s amazing how little markets have […]
Many advisers believe their availability to spend time with clients is the primary factor in them determining the value of the service they pay for, research shows. A survey conducted by consultancy Adviser Home found more than 80 per cent of advisers ranked ‘confidence and trust that we are available when needed’ as ‘very important.’ […]
By the end of this month, either Boris Johnson or Jeremy Hunt will take up residence behind the world’s most famous black door. The race to succeed Theresa May gets more interesting by the day. And if it were supposed to be a virtual coronation for Boris, then someone should have told Jeremy Hunt, who […]
Technology is playing an ever bigger role in the day-to-day running of advice firms and provides a way for firms to position their businesses for the future. How are advisers using technology and what pieces of software can they not do without?