The Financial Conduct Authority is to speed up removal of regulated activities from firms failing to use their permissions. The regulator will use a new power granted to it following a change in the law allowing it to streamline and shorten the removals process. The aim is to improve consumer protection around firms suspected of hanging […]
Archives for May 2022
Kitces & Carl Ep 86: Aligning Client Capital To Goals (Which Are Only Clarified Over Time)
One of the primary objectives for many financial advisors is to help their clients align their goals and priorities with their spending habits, time, and energy. And even though advisors have the unique advantage of being well-positioned to have these important conversations with clients, encouraging clients to define their financial goals and developing a deeper […]
NEW: Financial Planning Today magazine out now
The latest issue of Financial Planning Today Magazine is out and you can view a full preview by clicking the cover below. To ensure you receive every issue and get lots of extras you can now sign up for our new £9.99 monthly digital subscription package (cancel anytime). See terms below. You can also upgrade to our Premium Subscription package […]
Morningstar’s annual conference: Days 2 and 3 takeaways, plus SWAG and what people wore
Business Update – 18 May 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Changes to company tax rates are in effect Companies, corporate earning trusts, and public trading trusts may be eligible for a reduced tax rate this season. Learn more about the changes and find […]
Business Update – 18 May 2022
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Changes to company tax rates are in effect Companies, corporate earning trusts, and public trading trusts may be eligible for a reduced tax rate this season. Learn more about the changes and find […]
FSCS steps in as fifth credit union fails
The Rainbow Saver Anglia Credit Union Limited in Suffolk has been declared in default with the FSCS stepping in to protect 463 remaining members. It is the fifth credit union this year to go bust and the second this month. The credit union has stopped trading and is now in default. According to the Association of […]
The Gamification Of Monte Carlo: How To Incentivize Proactive (Not Reactive) Retirement Spending Goals
In recent years, Monte Carlo simulation has become a popular tool for financial advisors to motivate their clients to follow recommendations. By presenting a single probability-of-success percentage, Monte Carlo analyses give clients a simple, instantaneous metric on the state of their financial plan. And because many clients naturally like to challenge themselves to do better […]
Aviva claims top slot for adviser platform
Aviva has claimed that its adviser platform is now number one in the UK for net flows despite a 5% drop in platform net flows overall. In its Q1 trading update today, the company said that platform net flows overall had fallen from £1.531bn in Q1 2021 to £1.45bn in Q1 2022. The drop mirrors […]
