Savings trade body TISA has called for the 38m unadvised UK savers to be given access to ‘personalised’ guidance from financial providers to avoid them being ‘left behind.’ The TISA and EY report, ‘This Time It’s Personal’, found that nearly 1 in 2 unadvised UK consumers (46%) have low confidence in making investment decisions due to lack of guidance. There […]
Archives for September 2021
Acquistions boost Frenkel Topping revenue by 93%
Financial advisory firm Frenkel Topping has reported a 93% rise in revenue in its interim results today thanks to a rapid acquisition strategy. In the six months ended 30 June the company saw year on year revenue up from £4.4m to £8.5m and pre-tax profit up from £495,000 to £1.3m. The company also reported Assets […]
FINRA CEO, SEC commissioner call for ‘one-stop’ regulatory database
CI Financial to buy $5.2B RIA, open U.S. headquarters
Weekend Reading for Financial Planners (Sept 18-19)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with an in-depth recap of this week’s proposed tax legislation, and how President Biden’s tax plan is changing as compromises are made to get it passed, including a reduction in the proposed top capital gains tax rate to ‘only’ […]
Social Security beneficiaries face an uncertain future. There’s legislation that could change that.
Editor’s Column: New blood is transforming the profession
The next generation of Financial Planners is at last coming from a wider range of backgrounds, including graduate entry and that, mostly, is a very good thing. After years of waiting it seems that finally graduates and A-Level students are joining the Financial Planning profession in droves. A new poll from the CII and PFS […]
J.P. Morgan, Raymond James, plus who made a diversity index, and awards and scholarships
The Catch-22 that derails impact investing startups
Company honours founder and Covid-19 victim Alan Steel
Alan Steel Asset Management, the Scottish investment and wealth management company founded by industry veteran Alan Steel – who has died from Covid-19 – paid tribute to him today in a public statement. Steven Forbes, managing director of Alan Steel Asset Management, issued a statement today to clients and on the company’s website about the sad […]