22 February 2018

Hortense Bioy

Behind the numbers: Has ETF market reached maturity?

Fund closures have risen and new launches have slowed, suggesting supply is meeting the high demand Last year was a phenomenal one for ETFs. Global ETF assets hit a new high of $4.7trn at the end of December, up from $3.5trn a year earlier. Its 35 per cent annual increase in assets was the biggest […]


Building the Tesla of the advice market

Advisers have an edge over the rest of the financial services industry when it comes to building trust Last month, PR firm Edelman published its annual survey of public trust. It found financial services is people’s least trusted industry. This is not very surprising. Indeed, it echoes research we commissioned from YouGov last year, which […]

Gregg McClymont 480

Gregg McClymont: Why I need a financial adviser

Combining risk frameworks with appropriate asset allocation is no mean feat Economists call them “teachable moments”. A life event which make us think more about long-term financial planning. Until my 40th birthday, I barely thought of my mortality. But since then I have barely thought of anything else. A major birthday milestone combined with the arrival […]


Malcolm Kerr: A history of the salesman

It has been a long time coming but regulation has finally worked to eradicate poor practice In March 1962 a small, prematurely grey, former lieutenant in the US Airforce arrived in London and took offices in the West End. His mission was to establish a “pyramid” direct sales force on behalf of Investors’ Overseas Services, […]

Kim North grey

Kim North: Wrestling with the challenges of DB

Since pension freedoms, I’ve always believed that defined benefit scheme members should have been granted the same freedoms as defined contribution pension members. Why differentiate? Did the Chancellor believe that DB members are less responsible? Or did he understand that the administration of DB schemes is outdated (in most cases) thereby making it difficult to […]

tony mud grey feat pic 2

Tony Mudd: New guidance on gifting misses crucial component

The update fails to address the concerns around business relief investments in IHT planning strategies The Government Office of the Public Guardian last month updated its guidance on giving gifts. Most advisers, and certainly those operating in the estate planning market, will be well aware of the rules and limitations faced by attorneys when considering […]

Andrew Tully: Simplification key in FCA non-workplace pension review

The regulator must focus on removing outdated rules and making charges and illustrations clearer An FCA discussion paper released earlier this month has asked for views on non-workplace pensions. Covering a mix of products, including Sipps, stakeholder and individual pensions, as well as older contracts, such as s32 buyouts and retirement annuities, it focuses on […]

deed of variation

Solving the self-employed pensions crisis

With no employer to fall back on, the self-employed are on their own when it comes to retirement saving. Irregular income patterns can make it harder to save regularly into a pension and commit to locking money away until age 55. Those who are building a business may see that as their biggest asset and […]