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Jan 13, 2025 | 
moneymarketing.co.uk | Brian Byrnes |Caitlin Jordan |Fiona Tait |Kimberley Dondo
Fidelity Short Dated Corporate Bond portfolio managers Kris Atkinson and Shamil Gohil share their outlook for 2025 and provide an insight into how they are looking to position the portfolio against an evolving macro backdrop. What is your outlook for your asset class? The UK rates story in 2024 has been one of volatility, rising yields and gradual curve dis-inversion.
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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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Jan 18, 2024 | 
moneymarketing.co.uk | Fiona Tait |Ranila Ravi-Burslem |Chris Budd
7IM has announced that Canadian pension fund Ontario Teachers’ Pension Plan has completed its acquisition of a majority stake in the firm from Caledonia Investments. The investment, which was first announced in September, will allow 7IM to “accelerate its strategic growth plans”, which will focus on a combination of organic growth and selective M&A. The investment manager has made a commitment to “enhance its core capabilities and services” for customers and clients.
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Jan 18, 2024 | 
moneymarketing.co.uk | Fiona Tait |Salome Asabre
Client growth remains a “top priority” for advisers after nearly half expanded their client bases last year, a new report by SimplyBiz has found. The survey revealed 46.5% of those surveyed had seen an increase in client numbers over the past twelve months. Client bank growth was also chosen at the top priority for 2024 by the majority of respondents.
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Jan 17, 2024 | 
moneymarketing.co.uk | Simon Martin |Fiona Tait
Clients who own small and medium-sized enterprises (SMEs) have spent years pouring their heart and soul into something that is more than just a job for them; it is a part of their life, livelihood and, for many, their identity. Hours upon hours have been spent building their business into what it is today, yet planning for their own future can sometimes take a back seat. This is where advisers come in.
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Jan 17, 2024 | 
moneymarketing.co.uk | Fiona Tait |Amanda Newman Smith |Chris Budd
Fintech boutique The Pension Lab has launched a collaborative initiative – #LogYourLoAPain – urging the financial services industry to estimate the cost of relying on antiquated pen-and-ink letters of authority (LoA). Together with Criterion, Beyond Encryption and Punter Southall, the firm is calling on every UK advice and financial planning firm to record the number of letters they deal with to make the case for a 21st-century alternative to transform the painful process.
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Jan 16, 2024 | 
moneymarketing.co.uk | Dan Cooper |Fiona Tait
The FCA has established a new working group for financial advisers. The city watchdog said it is creating the group to “support the profession in advising consumers on products making claims about sustainability”. In November 2023, the FCA announced its intention to establish a working group to improve the trust and transparency of sustainable investment products.
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Jan 16, 2024 | 
moneymarketing.co.uk | Fiona Tait
There is a definite and understandable movement towards shorter suitability reports. While this is generally positive, it is important to remember the suitability report is a durable and visual representation of the service we deliver. Years after the face-to-face interaction has been forgotten, the suitability report will still be there and it may well be the only thing we can be judged by.
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Nov 21, 2023 | 
moneymarketing.co.uk | Fiona Tait
Good morning and welcome to your Morning Briefing for Tuesday 21 November 2023. To get this in your inbox every morning click here. Portfolio management partnershipsAegon “tries to form a partnership with advisers” via its portfolio management, its head of portfolio management Anthony McDonald has told Money Marketing. July 2023 marked the three-year anniversary of the Aegon UK Risk-Managed Portfolios, a suite of six multi-asset funds.
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Nov 17, 2023 | 
moneymarketing.co.uk | Dan Cooper |Fiona Tait
St James’s Place has “warmly welcomed” an inquiry into improving financial education in primary and secondary schools – but insisted much more can be done. As reported by Money Marketing yesterday (16 October), MPs on the cross-party education committee are considering whether the subject should be introduced as part of the primary school curriculum.
