Archives for May 2022
Wells Fargo names new head of its financial advisory unit
Weekend Reading For Financial Planners (May 14-15)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the T3 Technology Conference was held last week after a two-year hiatus, drawing a record crowd to see the latest in advisor technology. The event highlighted the growing data management needs of advisors as well […]
Editor’s Comment: A SIPP of success
Want some good news for a change? SIPPs. Apart from the small number of toxic ones SIPPs, since their launch over three decades ago, have been a major and often unreported success story. In March 1990, then Chancellor Nigel Lawson (Nigella’s dad) pressed the button to herald the launch of the first Self Invested Personal […]
Editor’s Comment: A SIPP of success
Want some good news for a change? SIPPs. Apart from the small number of toxic ones SIPPs, since their launch over three decades ago, have been a major and often unreported success story. In March 1990, then Chancellor Nigel Lawson (Nigella’s dad) pressed the button to herald the launch of the first Self Invested Personal […]
Paraplanner Assembly conference is back after 3 year gap
The annual Paraplanner Big Day Out – the annual conference organised by the Paraplanners Assembly support group – is to return after a gap of three years. The event, which usually attracts nearly 100 Paraplanners, will be held in a new destination in the Cotswold countryside on 15 September. The event was cancelled as a […]
TEAM buys Jersey wealth manager for £2.5m
Investment provider TEAM is to acquire Jersey wealth manager Concentric in a deal worth up to £2.5m. Concentric provides investment advice to more than 430 HNW and institutional investors and has assets under advice of £231m. TEAM will pay an initial sum of £1.7 million in cash plus a further deferred sum of up to £0.8 […]
Abrdn to launch Junior SIPP aimed at wealth market
Abrdn is to launch a Junior SIPP product as part of its new family wealth planning offering for financial advisers. The firm has also just launched a Junior ISA (JISA) on its wrap platform. The provider says the launches are the first part of a new family wealth planning portfolio service for advisers. The JISA […]
FCA rejects appointed rep ‘hosting’ plan from firm
The FCA has refused authorisation to regulatory consultancy firm Alexander Jon Compliance Consulting Limited (AJCC) which planned to provide regulatory ‘hosting’ services. The plan would have allowed AJCC to authorise Appointed Reps (ARs) to carry out regulated activities without the ARs being directly FCA approved. This would have allowed AJCC to ‘host’ Appointed Representatives (ARs). […]
FCA rejects appointed rep ‘hosting’ plan from firm
The FCA has refused authorisation to regulatory consultancy firm Alexander Jon Compliance Consulting Limited (AJCC) which planned to provide regulatory ‘hosting’ services. The plan would have allowed AJCC to authorise Appointed Reps (ARs) to carry out regulated activities without the ARs being directly FCA approved. This would have allowed AJCC to ‘host’ Appointed Representatives (ARs). […]