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Jan 30, 2025 | 
moneymarketing.co.uk | Momodou Musa Touray |Ed Dymott |Darius McQuaid
National advice firm Shackleton has cut its platform fees for existing and new clients on the Shackleton Hub and reduced the overall cost of its funds. The changes will come into effect on 1 February 2025. From that date, the starting rate for investments between £0 and £500k will drop from 0.23% to 0.20% – a 13% reductionFor investments between £500k and £1m, a new tier is introduced with an even lower rate, dropping from 0.23% to 0.15% – a 35% reductionAll other charges remain unchanged.
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Jan 29, 2025 | 
moneymarketing.co.uk | Dan Cooper |Ed Dymott
Threesixty has developed a compliance management suite designed to support advice firms of all sizes. The suite, called ‘Trust’, is designed to simplify regulatory risk management by streamlining the organisation, review, tracking, and evidencing of compliance tasks. It also supports firms in demonstrating that they are actively monitoring the Consumer Duty outcomes.
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Jan 21, 2025 | 
moneymarketing.co.uk | Ed Dymott |Dan Cooper |Emmelia Powell |Kimberley Dondo
Artificial Intelligence (AI) is set to transform financial planning over the next 3-5 years. It will automate manual processes, efficiently converting tasks that currently take hours into minutes, reduce compliance burden and improve the quality of advice. The impacts of AI extend far beyond financial planning and it will find its way into pretty much every walk of life. It already is.
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Dec 3, 2024 | 
moneymarketing.co.uk | Ed Dymott |Tim Sargisson
Quilter Cheviot has launched an investment proposal tool to help advisers promote and implement its on-platform model portfolio service (MPS) investment proposition to clients. The tool will use a minimal number of adviser-provided details to create a proposal for a client. The proposal will include details including the account type and value, the investment objective, time horizon and risk tolerance, the investment platform, the pricing structure and expected charges and the strategy factsheet.
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Nov 29, 2024 | 
moneymarketing.co.uk | Momodou Musa Touray |Dan Cooper |Ed Dymott
Good morning and welcome to your Morning Briefing for Friday 29 November 2024. To get this in your inbox every morning click here. VCTs raised £12.5bn to invest in smaller companiesVenture capital trusts (VCTs) have raised £12.5bn to invest in thousands of smaller companies, according to the Association of Investment Companies (AIC). Last year VCTs raised £882m, the third highest figure on record, following £1.3bn in 2021/22 and £1.08bn in 2022/23.
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Nov 28, 2024 | 
moneymarketing.co.uk | Ed Dymott
The peak age for retirement planning becoming an advice priority 55, a new study by St James’s Place (SJP) has revealed. The study, which surveyed just under 12,000 individuals, found that the top three advice priorities across the country were retirement planning advice, general investment and savings advice, and better budgeting. However, there is a large generational divide as cost of living and budgeting see younger generations push retirement planning down the line.
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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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Nov 26, 2024 | 
moneymarketing.co.uk | Neil MacLeod |Tom Browne |Ed Dymott
The introduction of pension freedoms provided a generous opportunity to use pension funds to pass wealth down through the generations tax efficiently. We all know that tax rules are subject to change and the announcements in the Autumn Budget last month regarding pensions and inheritance tax (IHT) have left many wondering what impact this will have on intergenerational planning.
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Nov 26, 2024 | 
moneymarketing.co.uk | Roderic Rennison |Ed Dymott |Salome Asabre
When it comes to selling businesses, over 70% of all transactions fail to increase the acquiring company’s value. In numerous instances, the seller is dissatisfied with the outcome, too. Here, I want to look at the main pitfalls sellers should avoid to help their sale be one of the minority that delivers value and satisfaction to both parties. 1. Incomplete dataData is king and it is vital it is accurate and complete, and presented in a way that attracts buyers.
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Nov 21, 2024 | 
moneymarketing.co.uk | Ed Dymott
Financial planning stands at a pivotal moment. The demand for our profession’s services has never been higher. This presents significant opportunities to increase access and support more individuals. Over the last decade, financial planning has matured into a profession with higher standards, better reputation and better client outcomes. Still, few would disagree it remains on a journey and has much to learn from other professional services.
