Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent U.S. Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential […]
Archives for July 2024
Editor’s Comment: My manifesto for better pensions
Now the dust is beginning to settle on the election, Labour has to turn to the serious work of implementing its manifesto promises. Pensions are a key part of Labour’s pledges and it has promised a major review of the pensions landscape. This is a wise idea. There is, indeed much to review. An […]
Labour must grasp pensions and advice nettles – experts
Leading industry pensions and advice sector experts have welcomed Labour’s victory as a chance to push forward some key financial reforms but some have raised questions about the clarity of Labour’s pension and advice priorities. Financial Planning Today has collected some of today’s key reactions. • Alastair Black, head of savings policy at Abrdn, said: “In its […]
Merrill agrees to $1.5M in restitution for Reg BI, supervisory lapses
FINRA’s settlement with Merrill gives the wirehouse credit for “extraordinary cooperation” with its investigation.
Financial restatements drop, a good sign for reporting quality
The number of financial restatements filed with the SEC dropped by more than 50% from 2013 to 2022, according to a Center for Audit Quality study.
Proposed regs. address interest recapture on excess COVID-19 credits
The proposed regulations apply to overpayments of interest on erroneous refunds of COVID-19 credits paid on or after July 2.
Why Quality Factor ETFs Have Seen Large Inflows Over The Last Year – And How Advisors Can Use Them In Client Portfolios
Over the past few decades, technological advances and plummeting transaction costs have facilitated the emergence of a dizzying variety of ways to gain exposure to very specific areas of the market. As a result, advicers have more options than ever to add value for their clients by tailoring investment portfolios that are specific to their […]
FCA to run Consumer Duty ‘one year on’ livestreaming event
The FCA is to hold a livestreaming webinar event on 31 July to mark the one year anniversary of the Consumer Duty. The webinar will review progress on the Duty and participants will be able to submit questions before and during the event. The Consumer Duty was launched on 31 July 2023 for new products […]
#FASuccess Ep 392: Crafting Your Specialization When There Is No Standard Playbook To Learn It, With Kristopher Heck
Welcome everyone! Welcome to the 392nd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Kristopher Heck. Kristopher is a Founding Partner of Tanager Wealth Management, an RIA based in London, England, that oversees approximately $1.1 billion in assets under management (AUM) for 630 client households. What’s unique about Kristopher, though, […]
The Latest In Financial #AdvisorTech (July 2024)
Welcome to the July 2024 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! This month’s edition kicks off with the news that AI meeting support solution Jump has raised […]