NS&I’s new Green Bond pulled in £228m, according to the government-backed savings body’s Annual Report for 2021/2022. The amount raised helped NS&I deliver £4.4 billion of net financing to the government over the past year. NS&I said Green Savings Bonds, which help raise funds towards tackling climate change, were “successfully launched” although critics said the […]
Archives for 2022
NS&I Green Bond pulled in £228m
NS&I’s new Green Bond pulled in £228m, according to the government-backed savings body’s Annual Report for 2021/2022. The amount raised helped NS&I deliver £4.4 billion of net financing to the government over the past year. NS&I said Green Savings Bonds, which help raise funds towards tackling climate change, were “successfully launched” although critics said the […]
Reframing Monte Carlo Results To Increase Trust In Dynamic Retirement Spending
Financial advisors often use Monte Carlo simulation in their financial planning process, which (as is commonly found in major financial planning software packages) traditionally presents the results of the projection in terms of probability of success or failure (with ‘success’ being defined as an iteration of the plan where the client doesn’t run out of […]
Reframing Monte Carlo Results To Increase Trust In Dynamic Retirement Spending
Financial advisors often use Monte Carlo simulation in their financial planning process, which (as is commonly found in major financial planning software packages) traditionally presents the results of the projection in terms of probability of success or failure (with ‘success’ being defined as an iteration of the plan where the client doesn’t run out of […]
Innovation Open Day to be held at FCA HQ
The FCA is to hold a tech-focused Innovation Day at its London HQ in July to showcase what it is doing to nurture new financial technology developments. The regulator said the day will “showcase what’s next for our innovation agenda.” The day will feature a mixture of keynotes, panel sessions and presentations, as well as […]
FINRA orders National to pay $9M in latest alternative product case
America’s Best-kept Secret: The Employer-provided Childcare Tax Credit
The employer-provided childcare tax credit has existed for over 20 years to help employers secure affordable childcare for their employees. The only problem is, no one seems to know about it. It may be America’s best-kept secret for your employees with children. In 2020, only 11% of employees had access to employer-provided childcare assistance. And […]
#FA Success Ep 287: Finding Solo Efficiency To Serve 50 Great Clients With $100M AUM, With Jennifer Murray
Welcome back to the 287th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Jennifer Murray. Jennifer is the owner and founder of Stonebridge Financial Advisors, an independent RIA based in Morristown, New Jersey, that oversees $100 million of assets under management for 50 client households. What’s unique about Jennifer, though, […]
Hargreaves Lansdown makes move into Open Banking
Hargreaves Lansdown has added a ‘pay by bank’ service as its first move into Open Banking. A solution from Ecospend will allow Hargreaves Lansdown clients to make secure payments directly to the investment platform without the need for cards. The investment platform said it plans to adopt more Open Banking services in the future. George […]
Novia assets rise 6% under new ownership
Adviser platform Novia saw a 6% rise in assets under administration for the year ended 31 December 2021. Total assets under administration were £8.95bn at year-end, an increase of £533m. Revenues rose 14% to £27.8m (2020: £24.3m). Adjusted EBITDA (a measure of profitability) rose 31% to £6.7m. Novia Financial was acquired by private equity firm […]