Investment provider Hargreaves Lansdown said today that no decision has been taken on whether under fire chair Deanna Oppenheimer will step down early, despite media reports suggesting she will leave soon. In a statement today the Bristol-based firm said: “No decisions have been taken at this time.” Sky News and other outlets have reported that […]
Archives for July 2023
Citi earnings show struggles with wealth management ambitions
The firm’s Wealth at Work division delivered strong results while the private bank stumbled.
5 years before and 5 years after retirement: 5 steps to take
Three accomplished personal financial planners explain how to enrich clients’ lives in the final years of employment and the first years of retirement and beyond.
Coutts creates head of Financial Planning role
Wealth manager and private bank Coutts – part of the NatWest group – has turned to Nutmeg’s Laura Kingman to take on its newly-created role of head of Financial Planning. At Nutmeg she was executive director of wealth services. She has previously had extensive experience of working in a range of transformational and leadership roles in […]
Announcing IAR Ethics CE Day And The State Of The (Nerd’s Eye View) Blog
In the early days when financial advisors were first and foremost salespeople for insurance and investments products, the reality is that “advisor training and education” wasn’t really about finance or advice… it was mostly just about learning how the company’s products worked and how to effectively sell them to consumers. But as technology (in particular, […]
Parents are struggling to save for both retirement and college
To pay for their kids’ education, many Americans are postponing their golden years — or cracking open their 401(k)s.
Wells Fargo wealth profits fall on lower asset-based fees
Despite the recovery of stock values over the past few months, the bank’s wealth unit still fell short of last year’s earnings.
Meet the 4 winners of FPA’s Heart of Financial Planning Award
The organization’s highest honor for members recognizes those contributing to “a helping profession” and their local communities, President James Lee said.
Weekend Reading For Financial Planners (July 15-16)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that while the new social media app Threads, designed to compete with Twitter, has surpassed 100 million users in its first week alone, its potential utility for advisors remains unclear and has raised compliance concerns for […]
Editor’s Comment: A pension-reforming Chancellor?
I must say Mr Hunt is routinely catching us financial hacks out on a regular basis, as he did this week with his Mansion House pension reforms. Is he becoming like the Scarlet Pimpernel I wonder? Seemingly mild-mannered and meek most of the time but suddenly donning a cape and a sword to slash through […]