Archives for March 2023
Pension and investment complaints fall by 8%
The number of complaints about life and pension or investment companies fell by 8% during 2022, according to the latest data from the Financial Ombudsman Service. But complaints about banking, insurance and mortgages were up as much as 14%. Data published by FOS today covered complaints data about individual businesses for the six months from […]
Instant-Issue Term Life Insurance: What Are The Costs Of Low-Hassle Coverage, And When Are They Worth It?
Traditionally, when a person applies for individual life insurance, they would need to go through an extensive underwriting process that lasts several weeks (or months) and may include personal and family health questionnaires, interviews, and/or physical examinations. Though this process was time-consuming and intrusive from the perspective of the person applying for insurance, it was […]
F2 Strategy Co-Founder Liz Fritz on the human element in wealthtech decisions
Advice/guidance review details emerge
Therese Chambers, director of consumer investments at the FCA, has revealed more details of the advice/guidance review, including the fact it will be a joint enterprise between the FCA and the Treasury. She shared the information during a speech at the TISA Financial Advice and Guidance Conference. She said the review will cover both the […]
#FA Success Ep 325: Building Success In The Financial Advice Business From A Financially Challenged Upbringing, With Brenda Hiscock
Welcome back to the 325th episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Brenda Hiscock. Brenda is a financial planner with Objective Financial Partners, an advice-only advisory firm based in Ontario, Canada, that works with clients on project-based financial plans, and also offers outsourced paraplanning to other Canadian advisory firms. […]
James Fisher of FP Transitions on the 3 stakeholders of an M&A deal
Column: Is IHT really keeping HNW clients up at night?
Harry Katz, a retired Certified Financial Planner with more than 40 years experience in financial services, takes a sceptical look at recent concerns that HNW clients are facing a major problem due to rapidly rising Inheritance Tax (IHT) bills. In recent times we’ve all seen the many reports about rapidly rising IHT bills, with […]
How Listing Fees On Advisory Firm Websites Can Clearly Communicate The Cost (And Value) Of Planning
When a prospect is looking for a financial advisor, understanding how much they will need to pay can often be a tricky proposition. In part, this is due to the many commission-based advisors whose compensation depends on the sale of insurance or investment products, where the price that a client pays is baked into the […]
Retail technology trends helping businesses in 2023
Despite taking a meaty hit during the pandemic, the retail industry endures as a viable and attractive way to sell goods. But to combat rising interest rates and inflationary pressure, you need to continually evolve your retailing approach and stay on your toes. So, what trends can retail stores embrace in 2023 to keep the […]