Advisers have no problem demonstrating their technical proficiency to clients. The requirement to be level four qualified, with many advisers going beyond this to become chartered, is proof they have achieved a certain level of knowledge and understanding. But when it comes to soft skills there are no formal training requirements or minimum standards for […]
Originality is a tricky trait to balance. As a columnist, I need to be original in order to captivate your attention as a reader. As a financial planner and wealth manager, originality is a potentially risky behaviour to display, especially if it results in making a recommendation to invest in an esoteric offshore fund. I need […]
Scottish Widows is to move its pension customers en masse to a new default fund that assumes they will go into drawdown or remain invested into retirement. The provider says just a quarter of its customers have purchased annuities since the pension freedoms came into force, rendering its default lifestyle strategy out of step with […]
By Jim Grant, Senior Product Insight & Technical Support Analyst 6 April 2016 brought in changes to employer duties for directors and partners in limited liability partnerships. Here we explain exactly what’s changed. Before 6 April 2016… Directors of limited liability companies where there were no other directors or employees were exempt from the employer […]
This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. The topics in this guide include: the letters you need to send out; what to send and when; the importance of employee engagement; and what to consider as additional communication.
Two weeks after ex-FCA boss Hector Sants was revealed as the chairman of the government’s single financial guidance body, Money Marketing has learned the new service will not be operational until winter. The timing for the launch of the new guidance body has been uncertain ever since the idea was first conceived. A preliminary consultation […]
The past decade has seen environmental and social governance investing develop from a niche corner of the market to a popular asset class. But while there is an increased awareness among individuals as to the impact of their actions on the environment, there is much more to ESG investing than being a good citizen. Asset […]
While advice firms can outsource activities, they cannot outsource their responsibilities Advice firms are busier than ever, leading an increasing amount to turn to third parties to undertake activities that would have once been dealt with in-house. Outsourcing can provide a solution for those under pressure to deliver on long-term objectives, while juggling the day […]