Nic Cicutti

New Forest

Freelance Journalist at Freelance

Journalist, retired NHS nurse, socialist & scooterist. Northern Soul dancer. Tweets NHS & wider political issues. RTs not always endorsements. Views mine

Featured in: Favicon

theguardian.com Favicon

telegraph.co.uk Favicon

moneymarketing.co.uk

Articles

Four areas of reform to unlock wealth management sector’s ‘full potential’

1 month ago | moneymarketing.co.uk | Darius McQuaid |Yasmina Siadatan |Nic Cicutti |Salome Asabre

A new report has outlined what government reforms are required to unlock the private banking and wealth management (PBWM) sector’s “full potential”. The report was released by the Personal Investment Management & Financial Advice Association (PIMFA), UK Finance and KPMG UK today (20 May). The ‘UK Private Banking and Wealth Management: Harnessing the Sector to Deliver Economic Growth’ report outlines four key pillars of reform needed.
ZeroKey partners with Transact to streamline adviser data entry

1 month ago | moneymarketing.co.uk | Momodou Musa Touray |Nic Cicutti |Kimberley Dondo

ZeroKey has announced a new integration with Transact’s Account Opening API, aiming to simplify and speed up the data entry process for financial advisers. The partnership eliminates the need for manual data re-entry by automating the transmission of client information from an adviser’s back-office systems, planning tools and other software directly into Transact. Advisers using ZeroKey can now generate Transact illustrations and complete portfolio applications more efficiently.
Nic Cicutti: How my recycling habit might save financial advice

1 month ago | moneymarketing.co.uk | Nic Cicutti |Kimberley Dondo |Alistair Cunningham

Once a month a lovely envelope containing a copy of Money Marketing drops through my letterbox. As often as not, I tear open the envelope, skim quickly through the magazine’s contents and read a handful of articles. It then ends up in the recycling bin. Even as I write this, in my mind’s eye I can see the editor of this illustrious magazine wincing. [Perish the thought – Ed] Should he actually permit one of his writers to say this?
The consequences of 'sensible risk taking'

2 months ago | moneymarketing.co.uk | Nic Cicutti

What are we to make of Rachel Reeves’ pledge to encourage a loosening of regulation of the financial services sector? The chancellor’s direction of travel was made clear in her Mansion House speech in November last year, in which she said that tighter rules on banks and investment institutions after the 2007–08 crash had created “a system which sought to eliminate risk-taking”.
SJP gives Schroders £5.2bn sustainable investment mandate

Jan 13, 2025 | moneymarketing.co.uk | Dan Cooper |Nic Cicutti

Schroders has been given a £5.2bn sustainable investment mandate by UK wealth manager St. James’s Place (SJP). The allocation will be made by SJP’s Sustainable & Responsible Equity (SRE) fund to a Schroders mandate that reflects its Global Sustainable Value Equity and Global Sustainable Growth strategies. This will enable SJP’s investors to benefit from exposure to a diversified range of companies and opportunities. The allocation is expected to transition during the first quarter of 2025.
How to build an online personal brand when starting out in advice

Jan 9, 2025 | moneymarketing.co.uk | Amanda Newman Smith |Taylor Beavis |Nic Cicutti |Ian McKenna |ian mckenna

Knowing a social media presence can make you more employable in the advice sector is one thing, but building your personal brand online is another. What are the kinds of things you should be saying? How much of your personality should you be sharing? What messages do you want your content to convey? All these things can be a minefield, particularly when you are finding your feet in the early stages of a career. What do commentators in the financial services and marketing industries suggest?
RIAAT set to make PII challenges even worse in 2025

Jan 8, 2025 | moneymarketing.co.uk | Kate Albert |Nic Cicutti |Momodou Musa Touray

Professional indemnity insurance (PII) is a critical safeguard for advisers in the UK, but the market has faced prolonged challenges, with premiums rising in response to high claims volumes, particularly in relation to pension mis-advice and investment recommendations. The Financial Ombudsman Service (FOS) continues to report substantial compensation claims, further pressured by its new higher compensation cap of £430,000.
The Morning Briefing: Geopolitics top concern for advisers and Foster Denovo expands presence in Scotland

Jan 8, 2025 | moneymarketing.co.uk | Momodou Musa Touray |Ian McKenna |ian mckenna |Nic Cicutti |Annalise Toberman

Good morning and welcome to your Morning Briefing for Wednesday 8 January 2025. To get this in your inbox every morning click here. Geopolitics and volatility top concern for advisersGeopolitics and market volatility are the top concerns for advisers in 2025, according to latest research from Scottish Widows. In the face of a volatile UK equities market, the research shows advisers start the year more bearish, with only 64% expecting equities to rise in the next 12 months.
Nic Cicutti: A story of good judgement (and a bit of luck!)

Jan 7, 2025 | moneymarketing.co.uk | Nic Cicutti |Noel Butwell |Dan Cooper

I want to tell you a story involving a financial adviser almost 25 years ago and a former client, who retired recently. I think it’s a good news story – but I’ll let you be the judge of that. My acquaintance – the client – has a decent retirement income, a combination of state and personal pensions, as well as a mishmash of public sector and private schemes from a time when defined benefits were still the norm for many employees.
Simon Collins: A lesson in why recording rationale is key to staying on the right side of the regulator

Oct 18, 2024 | moneymarketing.co.uk | Simon Collins |Nic Cicutti |Momodou Musa Touray |Ranila Ravi-Burslem

The Financial Conduct Authority has made it clear its approach to enforcement is changing. It says it’s a change to increase public confidence in financial services and will require cooperation and commitment across the industry “to stop market abuse, keep our markets clean and build trust. This is how we will attract talent to our sector, bring investment to our shores and grow our economy.”Quite the challenge but one that is necessary.