Archives for 2023
Court decision drops 401(k) rollover fiduciary requirement — for now
Weekend Reading For Financial Planners (Feb 18-19)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the SEC is proposing to expand the adviser custody rule beyond securities and funds to cover all assets in a client’s portfolio, including private securities, real estate, derivatives, and cryptoassets. Further, an investment adviser who […]
9 in 10 advisers building cross-gen relationships
Almost nine in ten (87%) advisers have built a relationship with their clients’ children or grandchildren, according to a new report from Abrdn. Just over a quarter of the advisers (29%) surveyed by the provider said that they have relationships with more than one family member for more than half of their client base A third […]
9 in 10 advisers building cross-generational relationships
Almost nine in ten (87%) advisers have built a relationship with their clients’ children or grandchildren, according to a new report from Abrdn. Just over a quarter of the advisers (29%) surveyed by the fund manager said that they have relationships with more than one family member for more than half of their client base […]
SimplyBiz adds PMI service for advisers
Adviser support network SimplyBiz has partnered with Usay Compare to offer a private medical insurance (PMI) referral service to its members. The partnership will offer advisers a PMI referral route for complex cases and more general PMI cover for advisers who do not offer PMI as a core business area. Advisers will also have access […]
The worst-performing fixed-income ETFs of the past 10 years
How to start a retail store in Australia
There are any ways to operate a business in Australia, and retail is certainly a popular choice. In fact, according to the Productivity Commission, “There are almost 140 000 retail businesses in Australia, accounting for 4.1 per cent of GDP and 10.7 per cent of employment.” If you’re thinking about opening your own retail store […]
Scots Planner enters default following court loss
The Financial Services Compensation Scheme has declared Scottish Financial Planner Alexander Sloan (FRN: 190674) in default. The move opens the door for clients of the Financial Planning firm to seek compensation. The default comes a year after the Glasgow-based firm lost a court case for unfair dismissal and ordered to pay £140,000 to a former […]
