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1 week ago | 
moneymarketing.co.uk | Tom Browne |Steven D. Levin |Momodou Musa Touray |Roderic Rennison
Half of UK advice firms are reviewing their client bases for segmentation as they prepare for the outcome of the Financial Conduct Authority’s Advice Guidance Boundary Review, according to new research from Dynamic Planner. The Advice 2025 survey, conducted independently with more than 400 advice professionals, found that 50% of firms are reassessing how they segment their clients in anticipation of policy changes.
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2 weeks ago | 
moneymarketing.co.uk | Darius McQuaid |Kimberley Dondo |William Burrows |Steven D. Levin
Good morning and welcome to your Morning Briefing for Monday 9 June 2025. To get this in your inbox every morning click here. Network evolutionIndustry commentators have, repeatedly over the past few decades, suggested that the network model will become obsolete because of regulatory and compliance pressures. Now the networks face a whole host of new challenges. Will they survive? Only if they evolve, says Lois Vallely in her cover story.
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3 weeks ago | 
moneymarketing.co.uk | Kimberley Dondo |Momodou Musa Touray |Darius McQuaid |Steven D. Levin
Money Marketing’s Weekly Must-Reads: Top 10 StoriesThis week’s top 10 must-reads from the world of financial services include FNZ facing scrutiny as investors take profits from recent capital raises, and fresh data revealing that many people are still sleepwalking into retirement.
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3 weeks ago | 
moneymarketing.co.uk | Momodou Musa Touray |Darius McQuaid |Steven D. Levin
Millions of UK workers are set to benefit from the Pension Schemes Bill, introduced today (5 June), as the government moves to simplify pension saving, improve outcomes, and boost retirement confidence. Key reforms include the automatic consolidation of small pension pots, helping savers manage pensions accumulated across multiple jobs. The Bill will also require defined contribution (DC) schemes to prove value for money, protecting savers from poor returns.
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2 months ago | 
moneymarketing.co.uk | Momodou Musa Touray |David Boyhan |Steven D. Levin
Utmost Group has reported a strong financial year across the business with its wealth solutions arms surpassing £100bn in Assets under Administration (AUA). Utmost Wealth Solutions also achieved strong inflows of £3.9bn in 2024, an 8% increase on the previous year. In a trading update today (25 April), the group said it had a “transformational year” with the delivery of significant strategic initiatives in its international and UK businesses.
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2 months ago | 
moneymarketing.co.uk | Darius McQuaid |Steven D. Levin |David Boyhan |Salome Asabre
The Alternative Investment Market (AIM) is expected to raise at least an additional £110m in inheritance tax (IHT) per year. This is according to research from TWM Solicitors, based on a Freedom of Information request it made to HMRC. Following chancellor Rachel Reeves budget in October 2024, she halved the IHT relief on shares in stocks quoted on the AIM. IHT chargeable on most AIM shares will now be set at a rate of 20%, half the potential 40% benefit that was previously available.
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2 months ago | 
moneymarketing.co.uk | Rob Burdett |Steven D. Levin |Momodou Musa Touray |Darius McQuaid
As another quarter draws to a close, attention turns to the assets that soared and those that stumbled. Among the standout performers was the seemingly weighty and unwieldy gold, which rose 19% in USD terms — its best quarterly gain since 1986. In contrast, Bitcoin, often dubbed ‘digital gold’, fell more than 12%. With headlines dominated by tariffs, conflict zones, DeepSeek’s AI launch and the Magnificent Seven slipping into bear territory, perhaps gold’s tangible solidity offered some comfort.
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2 months ago | 
moneymarketing.co.uk | Andy Bell |Scott Spencer |Steven D. Levin |Darius McQuaid
I’m writing this Isa article to distract myself from the looming drama of the Grand National. This year marks a milestone – our first ever runner in the big race. And while the nerves are mostly about ensuring he gets around safely, I’ll admit there’s the occasional daydream about a fairytale ending. Still, deep down, I know how this will end: with hope turning to disappointment.
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Feb 7, 2025 | 
moneymarketing.co.uk | Tom Browne |Greg Neall |Majid Hussain |Steven D. Levin
Nearly 20,000 financial promotions were withdrawn or amended in 2024 following intervention by the Financial Conduct Authority (FCA). This was almost double the number from the previous year. The FCA raised concerns over promotions related to cryptoassets, debt solutions and claims management companies (CMCs). A significant number of withdrawn promotions (9,197 in total) were linked to CMCs, many involving housing disrepair and motor-finance claims targeting vulnerable consumers.
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Jan 29, 2025 | 
moneymarketing.co.uk | Steven D. Levin |Kimberley Dondo |Darius McQuaid
Last year, the FCA set out three proposals for reforming the boundary between advice and guidance: clarifying the advice/guidance boundary, introducing a simplified advice option and establishing a targeted support regime. We now have consultation focusing on the latter related to pension planning. These proposals are undoubtedly a step in the right direction. But for the financial-advice profession, they carry both opportunities and risks.
