Archives for 2023
Weekend Reading For Financial Planners (May 27-28)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that while banks have been able to attract a younger and more diverse set of financial advisors compared to the rest of the industry, thanks in part to their built-in referral stream, a relative lack of […]
Editor’s Comment: Vulnerable clients need advice too
The issue of vulnerable clients has become something of a hot potato in recent years so it was good this week to see some pleasing progress in the Financial Planning and financial advice arenas. The FCA, the Financial Vulnerability Taskforce and others have been shining an increasingly brightly light on vulnerable clients in recent years, […]
To CD or not to CD?
FCA halts business at ‘no client’ Mayfair adviser
The FCA has halted regulated business at ‘no client’ Mayfair-based financial adviser Kingsbridge Capital Advisors Ltd (KCAL) over non payment of FCA fees. KCAL appealed the matter to the Upper Tribunal on 28 December but on 18 May withdrew its reference to the Tribunal by consent. As a result of the withdrawal of the appeal, […]
New campaign group to fight pension inequality
Campaigners have launched a new group to fight pensions inequalty with the backing of over 20 pensions companies and organisations. The Pensions Equity Group has been launched this week with help from the PLSA (Pensions and Lifetime Savings Association) and is backed by a coalition of over 20 substantial pension companies and organisations. The […]
JPMorgan pushes wealth management goals with private bank’s Midwest and South regions
RBC loses profits amid American crises
Octopus launches workplace brand
Investment and energy provider Octopus Group has launched a workplace-channel financial guidance brand. Octopus Money will offer customers their own money coach or financial adviser and will offer advice on areas such as investment and pensions. It will also offer a one-to-one budgeting support service. Octopus said Octopus Money aims to help employers improve their […]
Four ways small businesses can work smarter in Xero this EOFY
It’s often said that (almost) no one goes into business to do their own accounting. So it’s no surprise that many entrepreneurs lean heavily on a trusted advisor for support, particularly around busy times like EOFY when tax, compliance, payroll and other business obligations come into play. For those on the Xero platform, collaborating with […]