Archives for 2021
How a unified public regulatory database will help investors — and advisors
Editor’s Column: Dirty cash war suffers a setback
The money laundering regulations are supposed to be a dull but routine part of financial services business, as any Financial Planner will attest. With this in mind, the story this week about NatWest’s huge money laundering blunders has taken many aback. The size of the money laundering involved, including an alleged £264m in cash, is staggering […]
J.P. Morgan, LPL Financial, Stifel, plus augmented reality education, NASAA rule commenting and more
Continuum expands with 3 adviser hires
Expanding Plymouth-based Financial Planner Continuum has recruited three new advisers, including two Financial Planners. The firm says the additions push its number of advisers up to 57 – a 14% increase since the start of the year. The firm has seen steady growth in assets and revenue with assets under influence up 40% year on […]
Progeny shifts investment focus towards ESG
Expanding Financial Planning firm Progeny has pledged to place ESG at the heart of its business and will aim ensure that all its investment managers undertake ESG qualifications. Sarika Dhanjal, head of training and competence at Progeny, told Financial Planning Today that ESG is one of the core focuses for her team who are also […]
Progeny shifts investment focus towards ESG
Expanding Financial Planning firm Progeny has pledged to place ESG at the heart of its business and will aim ensure that all its investment managers undertake ESG qualifications. Sarika Dhanjal, head of training and competence at Progeny, told Financial Planning Today that ESG is one of the core focuses for her team who are also […]
Retail investment fund inflows hit record £5.3bn
Retail fund sales topped £5.3bn in August, the first time retail fund sales in the month of August have exceeded £5bn, according to figures from the Investment Association. The August figure compares to inflows of £4.8bn for July. Gross retail sales through UK intermediaries, including financial advisers, totalled £6.6bn, representing a market share of 28%. Responsible investment […]
Retail investment fund inflows hit record £5.3bn
Retail fund sales topped £5.3bn in August, the first time retail fund sales in the month of August have exceeded £5bn, according to figures from the Investment Association. The August figure compares to inflows of £4.8bn for July. Gross retail sales through UK intermediaries, including financial advisers, totalled £6.6bn, representing a market share of 28%. Responsible investment […]
How Much Cash Does My Business Need?
Your business needs cash. Cash is what keeps your company in operation and enables it to grow, so you should know how much cash your business needs to survive. Although many people think the answer is linked solely to operating expenses, this isn’t the case. There is no single factor that determines how much […]