A total of over £114bn has been invested in Automatic Enrolment pensions by nearly 11m people since they were first launched 10 years ago, new government figures published today show. The Department for Work and Pensions says the workplace pension has helped millions more save for their retirement. More than 10.7m employees saved into a workplace […]
Archives for 2022
Platform net sales plummet to 10 year low
Platforms had their worst three months in a decade in the third quarter as market wobbles and a wave of bad news took their toll, according to a new report from platform and investment research company Fundscape. Fundscape said that the going got “exceptionally tough” for the platform industry in the third quarter. The […]
Xero announces CEO succession, Sukhinder Singh Cassidy appointed
I’m pleased to let you know that today we announced the appointment of Sukhinder Singh Cassidy as Xero’s new CEO, on 1 February 2023. Sukhinder will succeed Steve Vamos who after serving almost five years as CEO, is retiring from the role and plans to return to his previous portfolio in business coaching and leadership […]
Xero’s half year 2023 financial results
Today we announced Xero’s half year financial results to 30 September 2022 (H1 FY23). Xero continued to deliver strong growth momentum with more small businesses placing their trust in our cloud technology and open platform to run their business and meet critical compliance needs. Our H1 FY23 performance highlights include operating revenue growing 30% (27% […]
Can ‘pure-play’ wealth manager Avantax compete with the giants?
Maximizing Health Savings Accounts (HSAs) Tax Benefits With Adult Children Under Age 26
The passage of the Affordable Care Act in 2014 introduced many changes to the healthcare landscape in the United States. One of these changes was the ability for children to remain on their parents’ health insurance plan until they reach age 26. In addition to having access to health insurance at a lower cost than […]
Maximizing Health Savings Accounts (HSAs) Tax Benefits With Adult Children Under Age 26
The passage of the Affordable Care Act in 2014 introduced many changes to the healthcare landscape in the United States. One of these changes was the ability for children to remain on their parents’ health insurance plan until they reach age 26. In addition to having access to health insurance at a lower cost than […]
Utah Valley wins FPA college planning challenge, ushering future financial planners into the field
Advisers fear Consumer Duty may widen advice gap
Two-thirds of financial advisers fear the FCA’s new Consumer Duty will increase the advice gap. But advisers remain confident they can meet Consumer Duty requirements, according to new research. Advisers taking part in the Embark Investor Confidence Barometer warned that the Duty’s focus on value for money could widen the advice gap by encouraging advisers […]
Advisers fear Consumer Duty may widen advice gap
Two-thirds of financial advisers fear the FCA’s new Consumer Duty will increase the advice gap. But advisers remain confident they can meet Consumer Duty requirements, according to new research. Advisers taking part in the Embark Investor Confidence Barometer warned that the Duty’s focus on value for money could widen the advice gap by encouraging advisers […]