After several years of turmoil caused by the pandemic, financial advisor conferences seem to have found a “new [post-pandemic] normal”, with events once again growing (some already surpassing their pre-pandemic highs). But that’s not to say that the conference landscape was not altered by the pandemic; instead, the pandemic appears to have served as a […]
Archives for 2023
Planner urges Chancellor to address retirement fears
Clients are increasingly worried about the prospect of maintaining their desired standard of living in retirement, according to Teesside Financial Planning firm Active Chartered Financial Planners. The firm’s managing director Karl Pemberton has urged the Chancellor to address their concerns in next month’s Autumn Statement. He has written to Jeremy Hunt after a survey of the […]
Coke and Pepsi stocks are both struggling — but one beverage giant has more to worry about than the other
The beverage leaders’ stocks have struggled this year as investors worry about higher interest rates and the possible negative impact of weight loss drugs.
LPL hits record advisor headcount, sets sights on entire FA market
The leading IBD firm is eager to dominate the entire advisor industry, following another strong quarter for recruiting.
‘Daughter they never had’ accused of defrauding elderly clients
A well-known business owner and advocate for the elderly now stands accused of stealing $2.25 million.
Weekend Reading For Financial Planners (October 28-29)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the shift in financial advice from pure investment management to comprehensive financial planning continues, with more individuals becoming CFP professionals than CFAs in the past few years as consumers increasing the diversity of their financial […]
Editor’s Comment: The rising price of regulation
Regulation is expensive and getting more expensive, as most of you can attest. There was a good illustration of that this week with new proposals from the DWP on its General Levy to cover pensions regulation. The DWP says that without significant increases in the levy it faces a £200m deficit on its pension […]
Campaigners urge probe into ‘missing’ £10m at PFS
Members of the OurPFS campaign group of Financial Planners has called for an investigation into what it alleges is a ‘missing’ £10m in funds it says are being held by PFS parent body the Chartered Insurance Institute. The group has today submitted an Open Letter to the Personal Finance Society board asking for a probe […]
Airman Accounted for from WWII (Sexton, D.) – Defense POW/MIA Accounting Agency
Airman Accounted for from WWII (Sexton, D.) Defense POW/MIA Accounting Agency
Extracting Actionable Takeaways From The SEC’s Staff Bulletin Regarding An RIA’s Standard Of Care
There is a general understanding that investment advisers have a fiduciary relationship with their clients – in other words, that they are required to act in the client’s best interests. But although this concept makes sense in the abstract, it isn’t always clear what an adviser needs to do to fulfill their fiduciary duty in […]