It’s been a huge three months: we’ve hosted Xerocons in both London and Nashville, and have been hard at work delivering numerous product updates, many inspired by your ideas, requests, and feedback. In last month’s edition we shared how we’re making it easier for you to navigate and tab through fields in invoicing, and in […]
FCA delays SDR label requirements
The FCA has given firms four more months time to comply with its new Sustainability Disclosure Requirements’ regime and new investment label rules.
Biden aides working on U.S. sovereign wealth fund
The proposal seeks to mirror similar funds used by Norway, Kuwait and Abu Dhabi to support national interests in technology, energy and other industries.
Why Service Advisors Who Obtain CFP Marks Are Making More Money For Themselves And Their Firms
While the share of advisors with the CFP marks has risen steadily over time, today, about 2/3 of financial advisors are not CFP professionals. This means that, for most advisors, the decision to obtain this designation remains an open one. A crucial factor in an advisor’s decision to prepare for the CFP exam – often […]
Financial planning as a perk opens doors for advisors
This fringe benefit can take the weight off of the company’s human resources department, allow employees to experience the benefits of financial planning and even allow advisors to prospect for new clients.
Tech execs: Don’t adopt advisor AI because of FOMO
Top executives at Advyzon, Kwanti, Softlab360 and The Oasis Group discuss how advisors should be careful not to jump into AI too quickly, despite being tech advocates themselves.
Weekend Reading For Financial Planners (September 7–September 8)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that the Treasury Department has finalized rules requiring most SEC-registered RIAs to implement risk-based Anti-Money Laundering and Countering the Financing of Terrorism programs, including a requirement to report suspicious activity to Treasury’s Financial Crimes Enforcement Network, […]
FCA bans 4 over ‘reckless’ pension transfer advice
The FCA has banned four financial advisers, three provisionally, over “reckless” pension transfer advice which has so far cost £13.4m in compensation payments.
£5.4bn takeover of Hargreaves Lansdown moves closer
The acquisition of platform provider Hargreaves Lansdown by a private equity-led consortium has moved a step closer today as the scheme of arrangement was officially confirmed.
Just 1 in 10 crypto applications approved
Only just over 1 in 10 (13%) of cryptoasset authorisation applications were approved by the FCA in 2023-24, according to the regulator’s annual report.