Alan Hughes

Apr 25, 2024 | moneymarketing.co.uk | Alan Hughes

A new whitepaper by the Pension Lab has estimated that £442m is wasted every year because of the “inefficient” Letters of Authority (LoA) processes. The firm launched a campaign at the beginning of the year called #LogYourLoAPain. Last month, Money Marketing published an investigation into why the LoA process was “stuck in the past”. Yesterday (24 April), the Pension Lab revealed that altogether 3.9 million LoAs are sent every year, an average of 6.5 per financial adviser.

Apr 16, 2024 | moneymarketing.co.uk | Kimberley Dondo |Alan Hughes

Advice tech firm Twenty7tec has today (17 April) launched Finplan Wealth – an upgraded version of its web-based practice management and CRM solution for financial advisers. The news comes at a time when those in financial services are readjusting their work to meet the Financial Conduct Authority’s Consumer Duty rules. In June 2022, Twenty7tec inherited the original Finplan solution when it bought practice management system Bluecoat Software.

Apr 16, 2024 | moneymarketing.co.uk | Kevin Carr |Shelley McCarthy |Alan Hughes

Swedish wealth manager Söderberg & Partners has made investments in four advice firms to help expand its presence in the UK financial advice space. These bring Söderberg’s total number of investments in UK advice firms to 11. Courtney Havers is a Tunbridge Wells-based firm founded by industry veteran Ray Tuffield. It prides itself on helping individuals, families and businesses “achieve financial freedom”.

Apr 15, 2024 | moneymarketing.co.uk | Alan Hughes |Shelley McCarthy |Andrew Tully |Benjamin Mitchell

There has, understandably, been a lot of coverage of the Financial Conduct Authority’s decision to write to the 20 largest advice firms in the UK requesting information about their delivery of ongoing services. This scrutiny inevitably increased after St James’s Place (SJP) set aside £426m for potential client refunds in February. The FCA’s statement provided some further detail of the information it had requested and indicates a further update will follow once it has collated that information.

Apr 2, 2024 | worshipfacility.com | Alan Hughes |Simon Osamoh

by | Security, Security Connections By Alan Hughes, Co-Founder of Better ProtectorsBeing in church ministry is often challenging in terms of time management. Services, events, and the needs of the congregation take up a lot of time, not to mention family and friends. Under the pressure of a limited about of time it’s easy to put off things that may be a good idea.