Experts say Black families planning to preserve past, present and future generations’ wealth have a special set of circumstances to keep in mind. Here are a few tips that can help.
3.6 million people hit by a scam
Half of UK adults have or know someone who has experienced a financial scam attempt in the last 12 months, according to new research from Canada Life. It reckons 3.6 million people have fallen victim to a scam. The average amount lost to scams was £4,715 per person, or £17 billion as a nation, according […]
CAAFP 2023 highlights the power of financial advice in Black communities
The largest annual gathering of Black professionals across financial services championed the reclamation of Black wealth and explained the important role advisors play in the pursuit.
Job listings for financial advisors have spiked 63% in the past year
The CFP Board tracks listings on its Career Center job board to identify trends in the financial planning industry.
Tell us your ‘pain points’, says Origo
Origo chief executive Anthony Rafferty has urged Financial Planners and other industry professionals to tell the fintech about their problems so the business can work on ways to help. “Tell us your pain points and we’ll develop new solutions,” he said. Talking at a recent Origo industry event, he said he wants to “empower the […]
Altmann suggests alternative ways to save pension costs
Former Pensions Minister Baroness Altmann has called on policymakers to look at other ways to solve rising state pension costs than raising the starting age, cutting the amount or more means-testing. She suggested increasing the number of qualifying years would be a better solution, or switching the triple lock to a double lock. Baroness Altmann […]
Meet the 3 women who won FPA’s 2023 Diversity Scholarship
Here’s how these three women are advancing financial planning in their communities.
How financial advisors can work from abroad: two tales
Two advisors from the RIA space shared why they took a risk and moved abroad — and what they learned from it.
Only 1 in 3 advisers develop relationship with next generation
Only one in three financial advisers have discussed intergenerational wealth plans with their main client’s children, according to a new report. Whilst most (96%) of advisers said intergenerational planning is important to their business, just 62% have an intergenerational business strategy, according to a new report from HSBC Life. Just 30% of advisers surveyed had […]
3 tips on how to connect with next-gen heirs for estate planning
Experts from Bank of America Private Bank and other wealth firms share top tips on how to help clients and advisors connect with heirs.