Ian Richards

1 week ago | moneymarketing.co.uk | Ian Richards |Momodou Musa Touray |Salome Asabre

The Financial Conduct Authority may use regulatory tools such as sanctions and voluntary requirements if firms fail to adequately take steps to ensure they can justify their ongoing fees, Isio strategic adviser Ritchie Thomson has warned. Thomson joined Isio in March, having worked as a supervision projects manager at the FCA for 20 years. While at the regulator, he led its supervisory work for the advice sector, including establishing the team overseeing defined benefit (DB) pension transfers.

1 week ago | moneymarketing.co.uk | Ian Richards |Roderic Rennison |Momodou Musa Touray

Technical sustainability compliance specialist ESG Accord has launched a free-to-access course examining sustainability in the investment advice process. The course is available to all UK financial advice firms and delivers five hours of LIBF-learning and CPD accreditation via the Accord Initiative’s academy, launched in July last year. It joins ESG Accord’s growing suite of accredited learning resources. This includes an anti-greenwashing course, which is also LIBF learning and CPD accredited.

2 weeks ago | moneymarketing.co.uk | Ian Richards |Dan Cooper |Darius McQuaid |Momodou Musa Touray

Our profession is continuing to evolve from the traditional focus on financial products towards financial planning, underpinned by cashflow modelling. Rather than a pure focus on money and how much clients want to invest, it is now about plans for the future. When it comes to retirement, it is no longer just about a pension but about how much will be enough, so clients can live the lifestyle they want without running out of money.