The Bank of Mum and Dad is now equivalent to one of the UK’s top 10 mortgage lenders and is set lend over £5bn in 2016, according to Legal & General. In research with the Centre for Economics and Business Research, L&G estimates parents will be involved in 25 per cent of mortgage transactions taking place in […]
In order to properly discuss the threat or opportunity that robo-advice poses, we have to set aside the notion that is anything to do with advice in the purest, regulatory definition sense of the word. Many of these online tools and services are about signposting consumers to default funds, recommended buy lists, or perhaps multi-asset […]
It has been a long time coming but the FCA is finally promising to take another look at financial scams. Without doubt, the level of professionalism among regulated advisers and the respect from other professions are now both huge. I look around and find colleagues far and wide so much more qualified compared with 10 years […]
With all the discussion around due diligence, much of it has centred on products, platforms and providers, with the client sitting firmly to one side. But just as important as due diligence on providers is making sure there is a robust process in place to determine a client’s risk profile. There needs to be more […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
Investment fees campaigner Chris Sier says he is backing a ban on contingent charging. His comments follow calls by work and pensions select committee chair Frank Field MP for the practice, where adviser charges vary based on whether a particular recommendation is given, to be prohibited. In an interview with Money Marketing, Sier notes the […]
I’ve said it before and I’ll say it again; it’s a good time to be a discretionary fund manager. Provided, that is, you stay modern and relevant. We’re at a stage where some think demand for DFMs has peaked; all those life planners who wanted to make the switch to outsourcing investments post-RDR have already […]
Advice firm consolidator Perspective Financial Group has appointed former Newell Palmer executive Kevin Homfray to lead its expanded acquisition strategy. The Cheshire-headquartered group says Homfray will drive its “ambitious acquisition plans” in the new role of acquisition director. The group is also looking to merge established advice firms with its 15 existing offices across England. […]