Good marketing based on using impactful messages for consumers is a foundational element for many types of businesses that allows companies to define and convey their unique value. For financial advisors, effective messaging often tells the story of how their advisory practice serves clients, with the intent to resonate with the audience and inspire them […]
Archives for 2022
31 ‘dog funds’ charging £115m in fees
Bestinvest’s bi-annual Spot the Dog report, which names and shames poorly performing funds, has revealed that investors are paying £115m in fees a year to invest in 31 ‘dog’ funds. The firm, part of Evelyn Partners, estimates that the 31-strong pack of dog funds is earning almost £115 million in annual fees based on their […]
Wealth managers embrace AI, machine learning faster than other financial services firms
4 Small Business Tax Planning Strategies for 2022
When it comes to small businesses, every penny helps. Tax-effective strategies are essential for SMEs to increase their profit and reduce tax liabilities. This way, you will be able to save more money for investment. Fortunately for business owners in 2022, you can benefit from tax incentives put forth by COVID-19 Aid, CARES Act. The […]
Weekend Reading For Financial Planners (Aug 6-7)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC has issued a new bulletin clarifying the responsibilities of brokers under Regulation Best Interest (Reg BI). The guidance indicates that, despite early fears that Reg BI was ‘overly accommodating’ to the brokerage industry, […]
BoE rate hike could push UK into recession and add billions to household costs, experts warn
The Bank of England’s (BoE) Monetary Policy Committee confirmed that interest rates will rise 0.5% percentage points to 1.75% in a bid to curb inflation. Suren Thiru, economics director at the Institute of Chartered Accountants in England and Wales (ICAEW), warned that raising interest rates is “more likely to nudge the UK into recession than […]
Here’s why stock investors should hope a recession has started
Millennials should consider Roth IRAs over 529 plans for college
HL’s new financial advice head to expand services
Hargreaves Lansdown has recruited Richard Caldicott from M&G Wealth to lead its expanding financial advice offering. He will join in October and will lead and steer the growth of the “HL financial advice proposition.” Hargreaves Lansdown has offered a Financial Planning service for many years but is aiming to move into new advice areas including digital and ‘augmented advice’ […]
FCA hires new international director
The FCA has appointed Home Office director Ruairi O’Connell to be its new director of international as it continues its recruitment drive. Mr O’Connell is Home Office director, international and has experience in the Home Office and the Foreign Office, including as British Ambassador to Kosovo. The regulator says he will be responsible for helping to […]