The Chartered Institute for Securities & Investment, the professional body for Certified Financial Planners, is asking members to help mark its 30th anniversary year which begins today. The body is inviting its global membership and stakeholders to help mark this milestone. The not-for-profit body emerged from the London Stock Exchange in 1992 with a 4,800, […]
Archives for 2022
NS&I bumps up savings rates to 0.5%
NS&I has increased the interest rates on its Direct Saver and Income Bonds to 0.50% from today following the increase in the Bank of England base rate last week to 0.5%. The interest rate on Direct Saver and Income Bonds has increased by 15 basis points. Interest paid on both accounts will rise from 0.35% […]
Pru CEO to step down as group focuses on Asia
Prudential’s long-serving group CEO Mike Wells is to retire at the end of March as the company focuses future growth on Asia. While he will retire in March, Mr Wells will continue to be employed by Pru until the end of his contract in February 2023 to assist with the transition to a new CEO […]
Vitality halts West Ham sponsorship over Zouma incident
Financial provider Vitality has suspended its sponsorship of West Ham football club over its handling of the Kurt Zouma cat cruelty incident. The West Ham Premiership player caused outrage after being pictured in an online video kicking and slapping a Bengal cat in his kitchen. In a statement this afternoon Vitality said it was halting […]
Merrill division head who defied statistics aims to lift industry’s barriers
Develop the Finance and Accounting Skills Every Entrepreneur Needs
Build a foundation of financial literacy in 2022.
Aegon retail platform outflows fall
Aegon’s UK retail platforms saw outflows fall to £38m for the fourth quarter of 2021. This compared to net outflows of £310m in the fourth quarter of 2020. Aegon said the improvement in flows was due to improved retail investor sentiment and reflected the result of its continued investment in the UK platform business. The […]
The Power Of Follow-Up Questions: How Advisors Can Build Rapport With Prospects And Clients
Asking good questions is an essential tool for financial advisors. From building rapport with prospects, to gathering information needed to create a plan, and to offering support for nervous clients during market downturns, effective conversation skills – including asking good follow-up questions – can enhance not only an advisor’s value but also the client’s experience. […]
Over 1 in 5 savers prefer to keep all money in cash
Almost a quarter (22%) of UK savers prefer to keep all their money in cash rather than investing it, according to new research. A further 22% would not consider stock market investments as they do not understand them. Just 15% of those questioned by adviser network The Openwork Partnership said they have a healthy balance […]
Platform assets grow record 19% in 2021
Assets on UK platforms grew by a record 18.9% to £933bn in 2021. Gross flows jumped 29% to a new high of £164bn. Net flows were £69bn, an increase of 92%, according to data shared by platform and fund research house Fundscape. The platform industry broke new records in the final quarter of the year […]