Archives for 2022
How financial advisors can protect clients and themselves from crypto risk
U.S. household net worth falls for third straight quarter amid bear market
Announcing Expanded IAR CE And Price Updates And The State Of The (Nerd’s Eye View) Blog
Financial advisors have had to navigate many challenges in 2022, from an inflationary environment, the likes of which we have not experienced in decades, to weak stock and bond market performance. Here at Kitces.com, we have sought to provide advisors with the insights and education they need to help their clients (and their firms) navigate […]
UK GDP rises unexpectedly by 0.5% in October
UK Gross Domestic Product rose by 0.5% in October following a 0.6% drop in September. Despite the October rise, GDP fell 0.3% in the three months to October as the UK teeters on the edge of recession. The Office for National Statistics (ONS) released the latest figures this morning. Darren Morgan, director of economic statistics […]
Annuity rates soar 44% in 2022
Annuity rates have soared in 2022 as gilt yields rose and competitors vied for market position. Average benchmark annuity rates have risen 44% since January and reached a 14-year high in October, according to Canada Life. A 30-year guarantee would now pay £59,940 additional income (on a £100,000 initial purchase price) compared to rates at […]
Personalised guidance regime moves step closer
A new personalised guidance regime has moved a step closer following a debate in the House of Commons. The debate in the House of Commons took place following a proposed amendment to the Financial Services and Markets Bill calling on the Government to introduce a personalised guidance regime. Following support from MPs, the FCA and […]
Government to scrap the 10% drop rule
The Government is to scrap the 10% drop notification rule as part of The Markets in Financial Instruments Regulations 2022. The 10% depreciation or drop notices – requiring investors to be informed every time their portfolio drops 10% – have been criticised for unnerving investors and increasing paperwork for Financial Planning firms. Critics had been […]
3 socially-conscious entrepreneurs changing Australia: what can you do in your own business?
3 socially-conscious entrepreneurs changing Australia now: what can you do in your own business? Not everyone can change the world and we all need to make money, but what if you could do both? Proof that this is possible are some very talented entrepreneurs out there not only running profitable and stable businesses but who […]
Five tips for small businesses to kickstart the New Year
Running a small business is no small feat. The journey can be a roller coaster of ups and downs, and sometimes sound business advice can be tricky to come by. As the holiday season fast approaches, it’s a great time to reflect on the year that has been and establish your business priorities for FY24. […]