Steffen Pauls

1 week ago | moneymarketing.co.uk | Tom Browne |David W Coombs |Chris Davies |Steffen Pauls

Financial advisers must do more to engage with younger generations, according to financial journalist and broadcaster Iona Bain, who warned that many young people are in “desperate need of help” with their finances. Bain delivered her keynote speech at MMI Leeds today (8 May), entitled ‘Intergenerational planning: Asset retention and engagement with the clients of tomorrow’.

2 weeks ago | moneymarketing.co.uk | Momodou Musa Touray |Steffen Pauls

Legal & General Retail Protection has announced enhancements to its critical illness and income protection offerings, but confirmed it will no longer offer fracture cover to new or renewing customers. Under the changes, L&G’s critical illness plans will now feature an improved additional payment of 100%, capped at £35,000 for Critical Illness Extra and £40,000 for Children’s Critical Illness Extra.

2 weeks ago | moneymarketing.co.uk | Darius McQuaid |Steffen Pauls |Momodou Musa Touray

Financial advice firms that fully harness technology outperform their peers across critical growth and efficiency metrics. This includes 119% more revenue, 105% more ongoing revenue, 86% more assets under advice and serviced 39% more clients per adviser compared to firms who have not fully utilised technologies yet. This is according to Intelliflo’s eAdviser Index, “a cornerstone for understanding the relationship between technology adoption and overall business performance”.

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.