The FCA and sister regulators have this week published a detailed ‘Regulatory Grid’ outlining revised plans for the next 24 months to allow for the Chancellor’s ‘Edinburgh Reforms’ to be included. The new regulatory pipeline for the next two years sets out the watchdogs’ timetable for initiatives and reviews. The plans were due to be published […]
Archives for 2023
Framing Prospect Conversations Around What Motivates Them Today (And Not Their Future Goals)
When holding discovery meetings with a prospective client, financial advisors often ask the prospect about their goals. The hope is that these conversations will help the prospect ease into a positive frame of mind (by thinking about a vacation, retirement, or another future aspiration) and, at the same time, present the advisor with an opportunity […]
Xero launches Irish VAT3 returns and SEPA payments solutions with Parolla Plugins
I’m delighted to announce that Xero has partnered with Parolla, to offer Xero accounting and bookkeeping partners and small business customers a free VAT solution, enabling you to easily prepare and generate revenue-compliant VAT3 returns for direct upload to Revenue Online Services (ROS). Introducing the EMEA Xero team I’m Ayman, Head of EMEA (Europe, Middle […]
Goldman Sachs expansion to target UHNW, HNW clients
Latest product news — March 2023
It’s time to switch to new reports Here are the latest features we’ve introduced to new reports (don’t forget, we’re retiring the older versions of our reports on 31 July 2023): Foreign currency columns are now available on Receivable Invoice Detail, Receivable Invoice Summary, Payable Invoice Detail and Payable Invoice Summary reports Advisors can now […]
#FA Success Ep 322: Developing New Advisors To Grow Their Books Of Business With A (Supported) Focus On Activity, With Kent Skornia
Welcome back to the 322nd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Kent Skornia. Kent is the Founder of Krilogy, an Independent RIA based in St. Louis, Missouri, that oversees nearly $2 billion in assets under management for 1,800 client households. What’s unique about Kent, though, is how, to […]
TISA calls for more dialogue on Consumer Duty
City of London Minister Andrew Griffith has warned that the FCA’s new Consumer Duty could damage the sector and trigger a wave of spurious lawsuits, according to news reports. The Financial Times reported that Mr Griffith was “scathing” about the duty at a recent dinner. The paper said Mr Griffith is worried the Consumer Duty will […]
6 tips to reducing personal debt in 2023
2023 is expensive. The cost of living is higher than ever, interest rates keep rising, and it keeps getting harder to stay afloat, let alone get ahead. As a result, carrying debt has become commonplace. But, with the challenges of the past few years, many of us have more debt than we’re comfortable with. […]
