There is no doubt that new FCA CEO Nikhil Rathi is a much-needed breath of fresh air at the regulator but I’m beginning to wonder if there is more than a whiff of staff trouble at the regulatory mill. First, credit where it’s due. Mr Rathi inherited a regulator that had been kicked so many […]
Archives for March 2022
Editor’s Column: Trouble at t’regulatory mill
There is no doubt that new FCA CEO Nikhil Rathi is a much-needed breath of fresh air at the regulator but I’m beginning to wonder if there is more than a whiff of staff trouble at the regulatory mill. First, credit where it’s due. Mr Rathi inherited a regulator that had been kicked so many […]
UBS, Raymond James, Stifel; plus, free crypto education for advisors, female investor outlooks, and scholarships for racial equity
Older women suffer pension pots half the size of men
Women aged between 65 and 74 have average pension pots of £130,000 – half the £260,000 men have saved. Analysis by Scottish Widows to mark International Women’s Day (IWD) on 8 March highlights the gender gap for older women of the ‘Baby Boomer’ generation. Despite women narrowing the pension contribution gap in recent years by […]
Chartered Planner Lumin Wealth buys Herts IFA
Chartered Financial Planning firm Lumin Wealth has acquired Hertfordshire-based financial adviser Enhance Wealth Management, its second acquisition in a year. Last year St Albans-based Lumin merged with Swiss financial services provider VZ Group as part of a plan to boost investment and acquisition activity. Lumin is now firmly on the acquisition path and is looking […]
Quilter donates £100,000 to aid Ukrainian refugees
The Quilter Foundation, the charity arm of national adviser firm Quilter, is donating £100,000 to the Disasters Emergency Committee (DEC) Ukraine Humanitarian Appeal which launched this week. Quilter will also match funds raised by employees donating to the appeal and those made online up to £20,000. The DEC brings together 15 UK aid charities specialising […]
Quilter donates £100,000 to aid Ukrainian refugees
The Quilter Foundation, the charity arm of national adviser firm Quilter, is donating £100,000 to the Disasters Emergency Committee (DEC) Ukraine Humanitarian Appeal which launched this week. Quilter will also match funds raised by employees donating to the appeal and those made online up to £20,000. The DEC brings together 15 UK aid charities specialising […]
Fund investors pull out £642m amid uncertainty
Market uncertainty in January spurred UK savers to withdraw £642m from retail funds, the first outflows since March 2020. Latest data from the Investment Association – collated prior to the Russian invasion of Ukraine – suggested a poor start to the year for fund managers as uncertainty took hold among investors. Figures on the […]
Ameritas RIA settles latest SEC disclosure case for $4.6M
The biggest lessons I’ve learned from firing bookkeeping clients
Breaking up with bookkeeping clients is hard to do, as the song goes. Since I’ve worked with hundreds of clients, I’ve certainly ‘fired’ or parted ways with my share of bookkeeping clients, but it’s not all bad news. Every breakup is a valuable lesson. Today I want to share the biggest lessons I’ve learned from […]