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1 month ago | 
moneymarketing.co.uk | David W Coombs |Dan Cooper |Yasmina Siadatan
In contrast to the outrageously strong US economy, Britain is having a grim run that would be forgettable if it wasn’t so menacing. GDP growth has flowed out just like flows from overseas investors. Business confidence collapsed on the Budget’s soon-to-be-implemented tax rises on employers, while consumers aren’t exactly chipper either. Into this malaise was sprinkled a measure of dread when a sharp rise in US bond yields took gilts with them.
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Jan 8, 2025 | 
moneymarketing.co.uk | Ian McKenna |ian mckenna |David W Coombs |Fiona Tait |Jamie Jenkins
New legislation, rapidly progressing through parliament, is destined to have a major impact on the advice market. This should be excellent news for advisers and clients. That said, it looks likely to present significant challenges to providers of all shapes and sizes and may also have unexpected consequences for adviser and adviser tech firms. When parliament was dissolved before the July election, the Data Protection and Digital Information No 2 Bill did not make it on to the statute book.
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Nov 1, 2024 | 
moneymarketing.co.uk | Caitlin Jordan |Darius McDermott |David W Coombs
Register Today News and analysis delivered directly to your inboxSign up today to receive our range of news alerts including Morning News, the Daily Briefing and Latest News. Money Marketing EventsBe the first to hear about our industry-leading annual conferences and events, including the Money Marketing Awards and Money Marketing Interactive Leeds and London. Have your sayOnly registered users can post comments. As the voice of the adviser community, our content generates robust debate.
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Jul 27, 2024 | 
heraldscotland.com | David W Coombs
Donald Trump speaks at a campaign event in Michigan in April (Image: free) By David Coombs FORMER president Donald Trump is still the odds-on favourite to win the US election in November, despite the Democrats’ decision to bring on a last-minute substitute. At the time of writing, it appeared that vice-president Kamala Harris had secured enough support to win the nomination to run against Trump.
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Jun 13, 2024 | 
moneymarketing.co.uk | Mel Kenny |David W Coombs
The Labour Party has committed to reviewing the UK pensions landscape if it gets into power after the general election on 4 July. In its manifesto, published today (13 June), Labour said it would consider what further steps are needed to improve pension outcomes and increase investment in UK markets. The party’s plans include reforms to ensure workplace pension schemes benefit from consolidation and scale, delivering better returns for savers and greater productive investment.
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Jun 13, 2024 | 
moneymarketing.co.uk | Dan Cooper |David W Coombs |Rachel Vahey
The Pension Lab has announced the creation of a new action group aimed at reforming the Letters of Authority (LoA) process. The Fix LoA Action Group (FLAG) will bring together a diverse coalition of organisations, including master trusts, pension providers/platforms, advice/paraplanning firms, industry bodies and numerous fintechsThe inaugural meeting will take place on 23 July, marking the beginning of a sector-wide effort to streamline and improve procedures.
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Jun 10, 2024 | 
moneymarketing.co.uk | Tarnia Elsworth |David W Coombs
The London Institute of Banking and Finance (LIBF) has appointed Steve Hill as its new vice-chancellor and chief executive. He will succeed Alex Fraser, who announced today he will step down as CEO after nine years and remain at LIBF as a senior adviser. Starting July 2024, Hill will lead LIBF’s vision and mission, bringing with him a wealth of experience in digital education and strategic growth, both in the UK and international markets.
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Jun 10, 2024 | 
moneymarketing.co.uk | Katherine Willis |David W Coombs
Ken Scott, head of investment solutions, Royal London Trevor Greetham, head of multi asset, Royal London Asset Management The Consumer Duty has raised the bar on customer outcomes in financial services. As a customer-owned mutual, designing products that meet clearly defined customer needs and ensuring they remain appropriate as conditions change comes as second nature, as does our commitment to fair value.
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Jun 5, 2024 | 
moneymarketing.co.uk | David W Coombs |Michelle Hoskin
We’ve been steadily adding to our government bonds for some time. When yields spiked in April, we added further, including to some European debt we haven’t bought beforeSince last summer, we’ve believed interest rates on both sides of the Atlantic had peaked and that the next moves would be down. The only question was when. We thought that would be sometime in the second half of this year. A big window, I know. But we thought it would be impossible to be more precise than that.
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May 16, 2024 | 
professionaladviser.com | David W Coombs
When I was about 14, I made my first visit to the US, a holiday on the West Coast that took in Disneyland in LA. Having spent my childhood visiting Barry Island's and Porthcawl's fun fairs, I was blown away by the bigger, shinier, cleaner but much more expensive US equivalent. Driving the dodgems to the soundtrack of the Bay City Rollers was never the same again.
