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1 week ago | 
moneymarketing.co.uk | Dan Cooper |Lee Quinn
Financial advisers need to be consistent with posting content on social media in order to get noticed. That was one of the main messages from panellists at Money Marketing’s interactive conference in Leeds this morning (8 May) when discussing the best way to market yourself online. Emmelia Powell, financial adviser and director at Premier Wealth Solutions, said the most important thing is to just start, even if you don’t feel ready. “You really need to be proactive. The content won’t create itself.
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1 week ago | 
moneymarketing.co.uk | Dan Cooper |Lee Quinn |Julie Littlechild
Financial advisers can serve someone profitably who has £50,000 to invest, Octopus Money CEO has claimed. Ruth Handcock, CEO at Octopus Money, told delegates at NextWealth’s recent conference in London the industry needs to escape the advice gap ‘Groundhog Day’. “Every conference I’ve been to in wealth management over the last five to 10 years has talked about the advice gap,” Handcock said. “Yet nothing has really changed.
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2 weeks ago | 
moneymarketing.co.uk | Dan Cooper |Lee Quinn |Darius McQuaid
Square 4 Partners has hired former Financial Conduct Authority director Roma Pearson in a senior advisory role within its consultancy division. Pearson previously served as director of consumer finance at the FCA. Her appointment comes at a critical time for financial services firms as they face increasing pressure to meet evolving regulatory expectations. With a regulatory career spanning over 25 years, Pearson brings a wealth of experience into UK financial regulation.
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2 weeks ago | 
moneymarketing.co.uk | Steffen Pauls |Momodou Musa Touray |Lee Quinn
With the UK government looking to cut red tape and expand the private equity industry while seeking broader participation for smaller investors via Long-Term Asset Funds, private markets will increasingly be on the radar of investment advisers. Advisers may equate private equity primarily with buy-out funds.
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3 weeks ago | 
moneymarketing.co.uk | Lee Quinn |Roderic Rennison |Kimberley Dondo
After a week of unprecedented stock market volatility, the rollercoaster of being a financial planner took a dramatic turn after a relatively smooth 18 months. Now in my ninth year as a financial planner, I was under no illusion that every year would be plain sailing when I started. However, as we enter what appears to be our third bear market in five years, the client relationship continues to be evaluated in what has been a huge learning curve for many younger and inexperienced planners alike.
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Apr 11, 2024 | 
moneymarketing.co.uk | Dan Cooper |Lee Quinn |Yasmina Siadatan |Tony Wickenden
Good morning and welcome to your Morning Briefing for Thursday 11 April 2024. To get this in your inbox every morning click here. FCA consults on new way to pay for investment researchThe FCA has laid out plans for a new way to pay for investment research. Analysis by the regulator shows that asset managers are largely getting the research they need under the current rules. However, current rules can also restrict UK asset managers’ ability to buy investment research produced outside the UK.
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Apr 3, 2024 | 
moneymarketing.co.uk | Lee Quinn
East-Sussex-based Plan 100 has achieved accredited financial planning firm status from the Chartered Institute for Securities and Investment (CISI). The business joins an exclusive group of firms that have demonstrated their professionalism by meeting the “highest standards of excellence” in financial planning. This brings the total number of UK-wide CISI-accredited financial planning firms to 60.
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Apr 2, 2024 | 
moneymarketing.co.uk | Lee Quinn |Andy Curran |Phil Jeynes
Communication is one of the most important aspects of life. From the day we are born, we strive to communicate with those who can get us what we want and where we need to be. In many cases, communication (or a lack of) is the difference between success and failure. The message on speaking out and talking to each other could not be clearer – it’s a good thing to do. However, in the UK especially, this message seems to not apply to one topic… money.
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Jan 24, 2024 | 
moneymarketing.co.uk | Dan Cooper |Lee Quinn |Tom Selby
Abrdn has announced it will cut around 500 jobs as part of its plan to save £150m. It said approximately 80% of the savings will be from the investment arm of the business. The company added the cost-cutting measures are necessary to “restore our core investments business to an acceptable level of profitability”. Abrdn chief executive Stephen Bird said: “Market conditions have remained challenging for our mix of business, and this is reflected in our year-end AUMA, flow numbers and margins.
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Jan 18, 2024 | 
moneymarketing.co.uk | Dan Cooper |Ian McKenna |ian mckenna |Lee Quinn
Advice firms that do not have a client portal are less valuable to potential buyers than those that do. That was the view of those taking part in a panel discussion on the subject at the Empowering Advice Through Technology (EATT) conference in London today. Research conducted in advance of the conference revealed only 55% of advice firms have made a practice management portal available to clients. This is a figure FTRC director Ian McKenna described as “disappointingly low”.
