The Association of Investment Companies has criticised proposed FCA reform to Key Information Documents (KIDs) as “tinkering around the edges” and wants KIDs suspended prior to major reform. It says the FCA’s changes will not solve fundamental flaws in KIDS which are provided to investors before they make investments. The AIC says that KIDs should […]
Archives for 2021
‘The idea that women don’t support other women is a myth’: Citi’s Jane Fraser
4 Money Saving Tips for Business Owners
Running a successful business requires you to make smart decisions about everything from who you hire to how you spend your money. There are many legitimate expenses to cover, but it’s easy to overspend in areas that aren’t helping you or your business. Read the 4 money saving tips for business owners that will help […]
TD Bank’s new robo sure looks a lot like TD Ameritrade’s old robo
Black Wealth Summit highlights signs of change amid widening disparities
Your Guide to the Minority Business Enterprise and MBE Certificate
Although you may have a minority-owned business, you must meet specific criteria for formal recognition as a minority business enterprise (MBE). And if you meet the criteria, there are business benefits to receiving an MBE certificate. So, what is an MBE, and what is the MBE certificate? Minority-owned businesses and the MBE certificate MBE signifies […]
Kitces & Carl Ep 71: When You Want To Delegate But Don’t Want To Manage
Many long-time solo financial advisory firm owners with successful practices are eventually faced with the choice either to continue growing their practice into a larger-scale business, or to deliberately level growth so that they can maintain a solo ‘lifestyle’ practice. Owners who choose not to further grow their firms tend to target a different set […]
FCA calls for extension to its regulatory remit
The Financial Conduct Authority has called for an extension of its powers in its latest Perimeter Report. It has called for further powers over online advertising to stop high risk investment products being pushed to ordinary consumers. The FCA wants to see amendments to the Financial Promotions Order to plug loopholes. Current exemptions to the […]
4 RIA marketing tips to avoid brand devastation
Wealth managers react as IHT burden rises
The Government collected £3.1bn in inheritance tax (IHT) between April and September, a rise of 22% (£0.7bn) year on year. The figures – published by HMRC this morning – come amid speculation of potential reforms to IHT. The rise is slightly lower than the 35% reported between April and August, with Covid-19 deaths a potential […]