Pension savers from the ethnic minorities are far less likely than white Britons to save into a pension scheme. The ‘ethnic pensions gap’ is putting many millions at risk of financial hardship in later life, the Social Market Foundation think tank has warned. The foundation says that just 25% of people from ethnic minorities […]
Archives for February 2023
The Latest In Financial #AdvisorTech (February 2023)
Welcome to the February 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month’s edition kicks off with the news that the “financial monitoring software” platform Elements has […]
How CommBank and Waddle, from Xero, are unlocking cash in unpaid invoices to help small business grow
Amid stubborn global inflation, tightening monetary policy and ongoing energy and supply chain impacts, it’s important for small businesses to look at how they’re managing their cash flow. Cash flow is king again and freeing up cash could be the difference for many in the year ahead. It’s likely many small businesses have a lot […]
First-generation immigrants are a lucrative but untapped market for wealth managers
How much portfolio access is too much for clients?
Reggie Tucker of Manhattan West on the opportunities created by volatility and his artist alter ego
Weekend Reading For Financial Planners (Feb 4-5)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC has issued a risk alert outlining Reg BI-related deficiencies discovered during recent examinations of broker-dealers, from dual-registered advisors not clearly communicating whether they were acting as a commission-based broker or a fee-based investment […]
Editor’s Comment: FCA’s ‘whackamole’ battle
The FCA has done a pretty good job in cracking down recently on scams and dodgy financial promotions, stung into action by some major failures over the last few years. It’s having less success playing ‘whackamole’ with the legion of social media influencers and hucksters who pervade some parts of the internet. It’s no surprise […]
PFS board to probe CII’s governance complaints
The Personal Finance Society board is to investigate complaints from parent body the Chartered Insurance Institute that it has made a number of governance failings. In an update to PFS members today, interim PFS CEO Don MacIntyre said the board would look into accusations by parent body the CII that there were several governance failings at the […]
Mattioli donates nearly £170,000 to charity
SIPP provider and wealth manager Mattioli Woods – and its sister fund management company Amati Global Investors – have donated nearly £170,000 to charities across the country. Much of the money will help charities deal with a drop in funding from public donations. The money mainly comes from Amati which has continued its policy of […]