Tim Riseborough

2 months ago | moneymarketing.co.uk | Tim Riseborough |Dan Cooper |Darius McQuaid

The Verve Foundation has announced that adviser platform Fundment and financial planning group Calton will sponsor two cohorts of its We Are Change initiative for 2025. We are Change is the Verve Foundation’s primary initiative supporting successful candidates through training for the benefit of the profession.

Jan 24, 2025 | moneymarketing.co.uk | Momodou Musa Touray |Tim Riseborough |Kimberley Dondo

The chancellor is to water down the non-domiciled tax changes amid reports of a growing exodus of millionaires from the UK. Rachel Reeves said she would be tabling an amendment to the plans after “listening to the concerns” of non-domiciled residents. Speaking at the World Economic Forum in Davos, Ms told the Wall Street Journal: “We have been listening to the concerns that have been raised by the non-dom community.

Jan 22, 2025 | moneymarketing.co.uk | Dan Cooper |Tim Riseborough |Kimberley Dondo |Momodou Musa Touray

Quilter has said it intends to provide an update on its review into ongoing advice fees in March. It committed to undertake the review of historical data and practices across the Quilter Financial Planning network of appointed representative firms in March 2024. A skilled person was then appointed to carry out the independent review the following month.

Jan 21, 2025 | moneymarketing.co.uk | Chris Jones |Tim Riseborough |Jess Franks |Momodou Musa Touray

The financial advice profession is facing a critical challenge: an adviser shortage at a time of increasing demand for financial advice. While an ageing workforce and growing client needs provide important context, one issue is that many individuals with qualifications, such as the Level 4 Diploma, are not transitioning into client-facing roles. Instead, they often take on other roles within the industry, such as paraplanners, compliance officers or technical specialists.

Jan 17, 2025 | moneymarketing.co.uk | Simon Collins |Robin Powell |Tim Riseborough |Richard Harrison

In all my articles in 2024, I commented on the increased level of supervisory activity being undertaken by the FCA in the retail sector. That certainly looks set to continue into 2025 as the follow-up to the work the FCA has been doing around the Consumer Duty begins to move up a gear. Prior to Christmas, the FCA gave a number of updates and feedback, particularly after reviewing a range of firms’ approach to the first Annual Board Report.