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Dec 4, 2024 | 
moneymarketing.co.uk | Paul Morrish |Dan Wiltshire
Adviser productivity has dropped in the past year, despite an average rise of 7% in employed advisers’ total earnings, research by consultancy Paul Harper Search has revealed. The report found that, in 2024, fees generated per adviser dropped by 3.5% from £207,302 to £200,012. The consultancy said a typical benchmark threshold it sees for advisers’ bonus schemes is based on experienced employed financial planners generating three times their salary, although it can vary from 2.5 to four times.
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Dec 3, 2024 | 
moneymarketing.co.uk | Dan Cooper |Victoria Ross |Dan Wiltshire
Legal & General Retail has revealed its annuity sales have reached an all-time high of £2bn so far this year. This milestone is reflective of a resurgence in annuity purchases across the market. The Association of British Insurers has reported a 50% increase in sales in the first half of 2024, compared to the same period the year before. L&G’s sales are up 55% compared to the same week in 2023.
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Nov 29, 2024 | 
moneymarketing.co.uk | Paul Morrish |Dan Wiltshire
I recently saw a sticker on the bumper of a car that read, ‘People who think they know it all are especially annoying to those of us who do’. It made me think about perspectives on what defines our flourishing. To add a bit more context to this, an anonymous thinker once wrote:“Tell me your dreams and I will tell you the riddle of your life. Tell me your prayers and I will write the history of your soul. Tell me your askings and I will tell you your gettings.
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Nov 27, 2024 | 
moneymarketing.co.uk | Dan Wiltshire |Ed Dymott |Robin Powell
I’ve been thinking a lot about death recently. I turn 40 in August, so I’ve put this down to my looming mid-life crisis. Mid-life crises have a bad reputation, characterised by questionable wardrobe choices, infidelity and impulsive “I’m still cool” purchases. These negative, self-destructive stereotypes are embedded in our culture, as the recent Jilly Cooper Rivals TV adaptation vigorously demonstrates.
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Oct 22, 2024 | 
moneymarketing.co.uk | Tom Browne |Momodou Musa Touray |Dan Wiltshire
Good morning and welcome to your Morning Briefing for Tuesday 22 October 2024. To get this in your inbox every morning click here. FCA interviews 20 finfluencers under caution for touting financial productsThe Financial Conduct Authority (FCA) has interviewed 20 finfluencers under caution for touting financial services products illegally. It said the individuals were interviewed voluntarily using the FCA’s criminal powers. The regulator has not yet named the individuals under investigation.
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Oct 17, 2024 | 
moneymarketing.co.uk | Greg Neall |Alistair Cunningham |Chris Davies |Dan Wiltshire
Reading about M&G’s troubles, I can’t help putting them down to the obsession with running an expensive fund platform. But what do I know? What I do know about is 21st century advice – something I believe is built on the shoulders of giants, such as the Man from the Pru. These advisers door-knocked, cold called and worked evenings to get families started on a lifetime of saving and self-preservation. So, why is offering advice so hard these days?
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Oct 15, 2024 | 
moneymarketing.co.uk | Dan Wiltshire |Chris Budd
One of my favourite displacement activities is perusing the second-hand bookshops in Bradford on Avon during my lunch break. The charm of second-hand bookshops is their randomness. “Second-hand books are wild books” unlike the “domesticated volumes of the library”, Virginia Woolf observed. It was on one of these sojourns that I picked up a copy of Steven Pinker’s The Sense of Style – a guide on how to write. Unlike speaking, writing is an unnatural act.
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Oct 1, 2024 | 
moneymarketing.co.uk | Tom Browne |Dan Wiltshire |Amanda Newman Smith
Good morning and welcome to your Morning Briefing for Tuesday 1 October 2024. To get this in your inbox every morning click here. Tavistock sells two subsidiaries to Saltus in £37.75m dealTavistock has announced the sale of two subsidiary businesses, Tavistock Partners Limited (TPL) and Tavistock Partners (UK) Limited (TPUK), to Saltus Partnership Holdings for up to £37.75m.
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Oct 1, 2024 | 
moneymarketing.co.uk | Dan Wiltshire |Alannah Kinsella
As a 26-year-old paraplanner and aspiring adviser, the financial services world can feel all encompassing. But can we have our eyes on more than one prize? This challenge is a daily reality for me, as I navigate my career at Progeny while balancing international competition in Irish Dance and working towards becoming a qualified personal trainer. Balancing multiple responsibilities can often feel like spinning several plates at once – a relatable feeling for many, I’m sure.
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Oct 1, 2024 | 
moneymarketing.co.uk | Dan Wiltshire
Boutique investment bank and management consultancy Raven has announced a new strategic partnership between its Raven Wealth Planning service line and premium investment management firm Aspen Advisers. Through the collaboration, Raven Wealth Planning will integrate the Aspen portfolio range into its full suite of service offerings. This strategic partnership reflects Raven’s “ongoing commitment” to enhancing the value and quality of services provided through its Raven Wealth Planning service line.
