New data on mortgage lending from the Bank of England has revealed that lending into retirement has remained at a high level despite falling mortgage rates.
Robinhood Acquires TradePMR To Refer Next-Gen HNW Clients To On-Platform RIAs (And More Of The Latest In Financial #AdvisorTech – December 2024)
Welcome to the December 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 the retail brokerage platform Robinhood is acquiring […]
Britons deposit £20bn into cash savings in October
British savers put over £20bn into cash savings in October, the highest deposits ever seen outside of the Coronavirus pandemic.
Weekend Reading For Financial Planners (November 30–December 1)
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a recent study from Cerulli Associates shows that consumer trust in financial services companies has increased significantly over the past decade, with firms that provide a more personalized approach to providing financial advice seeing the best […]
PFS adds 24 Financial Planning roadshows for 2025
The Personal Finance Society (PFS) has added a programme of roadshows to be held across twenty-four locations in the UK for 2025.
9 in 10 new advice requests retirement focused – report
Pensions is dominating client advice requests, with 9 in 10 new requests including retirement planning, according to a new report.
9 in 10 advisers apologised to clients for platform service
More than 9 in 10 financial advisers (95%) have had to apologise to clients for poor platform service in 2024, according to a new report.
Kitces & Carl Ep 152: Advisory Fee Confidence And Building The Happy-Client Stoke File
How much to charge for financial advice is rarely a decision made lightly. A firm’s pricing strategy often reflects both the local market (or niche-related) norms – such as the nearly-ubiquitous 1%. Others may align with broader industry trends, like transitioning to fee-only structures to buffer against market volatility. Still others may choose a hybrid […]
Musk calls for abolishing consumer agency GOP has long targeted
X-owner Elon Musk took to his platform to agitate for the elimination of the CFPB, a consumer protection agency.
BlackRock, Vanguard accused of antitrust violations by Texas
The Texas AG leads a lawsuit against BlackRock, Vanguard, State Street, alleging asset managers’ influence on coal production led to higher energy prices.