17 November 2016

The smarter way to train new advisers

We have just recruited the fourth intake of graduates to our trainee adviser programme. In this age of spiralling costs and tightening of belts, this might seem like a surprising decision, but it makes perfect sense for us. It is not just about having a source of advisers in the future. Our graduate trainees provide […]

Tony Wickenden: Top tips on the transferable nil-rate band

Last week I looked at the fundamentals of how the transferable nil-rate band works. This week, I would like to remind you how it is claimed. For many married couples and civil partners, the inheritance tax reforms introduced by the Finance Act 2008 suggested a return to much simpler estate planning. There may still be […]

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The new software taking on the automated advice market

This year has seen an increase in collaboration between regulators across the world. Those in Australia, Singapore and the UK have each established co-operation deals, in particular around their respective approach to financial technology. Such arrangements should create greater consistency of regulation, which, in turn, is likely to lead to the rise of global financial […]

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Development focus: Is AF3 still the right path for me?

The CII’s Advanced Diploma AF3 pension planning unit has always been a challenge for exam candidates and caused much upset with its decreasing pass rate. Back in 2012 51.93 per cent of candidates passed. By 2015 this had plummeted to 31.47 per cent. A 20 per cent decrease in such a small amount of time […]

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Why Hammond should sit on his hands when it comes to pensions

It is that time of year again. The Christmas lights are up on Oxford Street and the stores are already full of mince pies. But before the celebrations can start, we have an Autumn Statement to get through. Perhaps the last for this Government if Philip Hammond gets his way. The Chancellor has said he […]

Sandringham could delay Aim listing as firm eyes adviser growth

National restricted advice firm Sandringham Financial Planners wants to grow the business by a further 60 adviser members as it hints a planned Alternative Investment Market listing may take longer than expected. Speaking to Money Marketing, Sandringham chief executive Tim Sargisson says the business brought 50 new advisers on board this year and will finish […]

Steve Bee: Auto-enrolment can kickstart a workplace benefits revolution

I have always been a staunch supporter of the auto-enrolment reforms; reforms that came to be following the demise of the State Second Pension. That strange experiment – the provision of a second, earnings-related state pension that has covered half the UK workforce since 1963 – has been a complete disaster. It has held back the spread of workplace […]

Time to reassess UK equity valuations

The near-term outlook for the UK equity market is likely to continue to be dictated by the movement of global bond prices and the sterling/US dollar exchange rate. These asset markets have exerted a major influence over the course of this year. Indeed, the strong performance of the bond market (which, unusually, has been accompanied […]