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2 weeks ago | 
moneymarketing.co.uk | Tom Browne |Barrie Dawson |Kimberley Dondo
Quilter has announced that Andrew McGlone will step down as chief executive of Quilter Cheviot later this year, ending a 31-year tenure with the business. McGlone has led the discretionary fund manager for the past seven years and will leave to pursue new opportunities. He will be succeeded by John Goddard, who is set to join Quilter Cheviot as CEO in September 2025 following an extensive external search.
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3 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Barrie Dawson |Tony Wickenden
CIExpert has unveiled its new Insight Zone Dashboard, designed to streamline the way advisers access protection product updates, market insights and educational resources. The dashboard acts as a central hub, enhancing the existing Insight Zone pages for critical illness, income protection and life cover by offering a user-friendly interface structured around user experience principles.
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4 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Barrie Dawson
The Upper Tribunal has upheld the Financial Conduct Authority’s decision to fine two former directors of CFP Management Ltd for their roles in operating a “flawed” pension transfer advice model. Toni Fox and David Brian Price have been fined £567,584 and £465,415 respectively, after advising on 1,470 pension transfers worth more than £392m between April 2015 and October 2017.
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4 weeks ago | 
moneymarketing.co.uk | Damian Davies |Tony Wickenden |Barrie Dawson |Kimberley Dondo
It feels like the art of factfinding often gets diluted by the science of compliance. No-one sets out to give bad advice, yet complaints do happen. The reason is that these complaints can stem from poorly managed expectations, miscommunications or misunderstandings. This can be why so much weight of emphasis in advice is given to compliance risk warnings, caveats and processes designed to ‘CYA ’.
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4 weeks ago | 
moneymarketing.co.uk | Barrie Dawson |Richard Shearwood |Kimberley Dondo |Greg Neall
The core duties of a personal representative (PR) are to collect and manage the estate’s assets, settle the deceased’s debts and liabilities, and distribute the remaining estate according to the will — or by the rules of intestacy if no will exists. Sounds straightforward, right? In practice, it’s anything but. The role can be daunting for a layperson, and professional guidance from an estate administrator is often essential. A common stumbling block?
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Oct 21, 2024 | 
professionaladviser.com | Barrie Dawson
The Office for Budget Responsibility has forecast that inheritance tax (IHT) receipts will continue to rise and by 2028/29 will total £9.7bn a year, up from £7.5bn in 2023/24. As more and more estates are set to pay IHT, financial advisers have an increasingly important role in helping clients to plan tax-efficiently for their and their family's long-term financial futures, in a way that suits their individual circumstances.
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Apr 9, 2024 | 
moneymarketing.co.uk | Barrie Dawson
Good morning and welcome to your Morning Briefing for Tuesday 9 April 2024. To get this in your inbox every morning click here. LGIM joins SimplyBiz solutions rangeSimplyBiz has announced that Legal & General Investment Management’s (LGIM’s) model portfolio service is the latest addition to its risk-controlled investment solutions range.
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Apr 8, 2024 | 
moneymarketing.co.uk | Tony Wickenden |Nick Henshaw |Barrie Dawson |Martin Tilley
Another tax year has been and gone and no doubt there was a flurry of year-end tax planning carried out to good effect. Actions like making pension and Isa contributions to ensure allowances for the year were maximised. Where appropriate, the tax efficiencies offered by enterprise investment schemes (EIS), seed EIS and venture capital trusts will have also been considered.
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Apr 3, 2024 | 
moneymarketing.co.uk | Noel Butwell |Barrie Dawson
I’m not a big believer in panaceas. But one factor I’m confident will make a big impact on the future growth of our industry is reducing the cost of delivering advice. Get it right, and it will be the key that unlocks so much more. More profitable businesses, more resilient operations and more accessible, attractive advice offerings that serve a greater volume and a greater range of people. But to achieve all this, and to future-proof our industry, we’ll need to prioritise efficiency.
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Apr 2, 2024 | 
moneymarketing.co.uk | Tom Browne |Barrie Dawson |Haydn Barlow
Good morning and welcome to your Morning Briefing for Tuesday 2 April 2024. To get this in your inbox every morning click here. Financial advice is “a vocation and a career”, says Quilter’s Kim McCrakenFinancial advice is “a vocation, a career and something you can build on for your entire professional journey”, according to Kim McCraken, head of recruitment at Quilter Academy.
