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 […]
Archives for 2023
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 […]
5 big wealth management firms on 2023 markets and the economy
Why you should connect with your community this summer
The summer months are some of the busiest of the year for small business owners. As the peak period for gifting, festivities and tourism, many entrepreneurs aim to make the most of the seasonal buzz. But for some, this comes at a cost. Increased demand can equal longer hours and higher overheads in wages and […]
Xero included in 2023 Bloomberg Gender-Equality Index
Xero’s commitment to diversity, inclusion and belonging has driven our inclusion in the Bloomberg Gender-Equality Index for the fourth consecutive year. Like last year, Xero is the one and only company headquartered in New Zealand to be included in the index, which is made up of 484 companies across 45 countries and regions. Our scores […]
Xero Assistance Programme extends to all small businesses in Auckland, Northland, Waikato
In the wake of extreme weather events, the Xero Assistance Programme (XAP) is being extended to all small businesses in the Auckland, Northland and Waikato regions. From Wednesday 1st February through to Friday 31st March, any small business owner, employee or their families in Auckland, Northland and Waikato regions can access three confidential and free […]
eMoney readies advisors for filing season with addition of new tax planning features: Wealthtech Weekly
Bank of England increases base rate to 4%
The Bank of England today increased its base rate by 50 basis points from 3.5% to 4% – its highest rate since October 2008. The Monetary Policy Committee voted 7-2 to increase the rate to its highest level for 14 years. The rate was last at 4% or higher in October 2008 when it was 4.5%. […]