The turmoil in the bond markets has caused annuity incomes to soar by almost 50% in the last three years, new data shows.
Archives for January 2025
JPMorgan orders staff back in office 5 days a week
The mega bank says more than half of its roughly 300,000 are already back in the office every day of the work week.
Vanguard finds tax-loss harvesting is key to advisor value
The asset management giant called out the method of offsetting capital gains in this year’s edition of its oft-cited study tracking the “alpha” of financial planning.
Weekend Reading For Financial Planners (January 11–12)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the “Social Security Fairness Act” was signed into law this week, eliminating the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) provisions, which previously reduced the Social Security benefits of individuals who worked […]
FSCS set for major levy increase in 2025
The Financial Services Compensation Scheme (FSCS) has managed to keep management expenses for the coming year under control but still faces imposing a £129m levy increase in 2025/26.
Glasgow-based adviser firm in default
A Glasgow-based adviser firm has been declared in default by the FSCS, opening the door to ex-clients to make claims for compensation.
Kingswood appoints Coleman as permanent CEO
Financial Planning and wealth management group Kingswood has appointed interim CEO Peter Coleman, former CEO of Positive Solutions, as its permanent CEO six months after the departure of David Lawrence.
How to find the right RIA successor
The answer depends first and foremost on how much time financial advisors have for an emotionally and technically challenging process, experts said.
Kitces & Carl Ep 155: How Do You Know You Are Adding Value Versus Just Trying To Justify Your Fees?
While financial advisors offer valuable services for their clients, it can sometimes be challenging to gauge how much clients actually value those services. On one hand, a client’s willingness to pay an ongoing fee for financial advice suggests that they find the advisor’s services worthwhile. On the other hand, the term “financial advice” often refers […]
Chartered Planner owner launches investment firm
The Attivo Group, parent firm of Chartered Financial Planning firm Attivo, has launched a new investment firm in partnership with SEI.