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1 month ago | 
moneymarketing.co.uk | Momodou Musa Touray |Yasmina Siadatan
Abrdn has appointed Siobhan Boylan as its new chief financial officer (CFO). Boylan will join the wealth manager during the summer, subject to regulatory approval. She replaces Ian Jenkins, who has been in the CFO role on an interim basis since Jason Windsor was appointed Abrdn chief executive. Jenkins will step into a new role as CFO of Abrdn Investments business when Boylan joins the company.
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1 month ago | 
moneymarketing.co.uk | Darius McQuaid |Matthew Connell |Momodou Musa Touray |Yasmina Siadatan
The FCA has said it will launch a multi-firm review of model portfolio services (MPS) in 2025 to assess how firms are implementing the Consumer Duty. In a letter the city watchdog published today (26 February) it explained that MPS have been growing “at pace”.
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1 month ago | 
moneymarketing.co.uk | David W Coombs |Dan Cooper |Yasmina Siadatan
In contrast to the outrageously strong US economy, Britain is having a grim run that would be forgettable if it wasn’t so menacing. GDP growth has flowed out just like flows from overseas investors. Business confidence collapsed on the Budget’s soon-to-be-implemented tax rises on employers, while consumers aren’t exactly chipper either. Into this malaise was sprinkled a measure of dread when a sharp rise in US bond yields took gilts with them.
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2 months ago | 
moneymarketing.co.uk | Tom Browne |Yasmina Siadatan |Momodou Musa Touray
The latest Spot the Dog report from online investment service Bestinvest has identified 137 consistently underperforming equity funds, holding a total of £67.44bn in investor wealth. While the number of ‘Dog’ funds remains unchanged from the last edition, the level of assets held by these underperforming investments has surged by 26%, rising from £53.42bn. Published twice a year, Spot the Dog tracks funds that have underperformed their market benchmark over three consecutive years by at least 5%.
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2 months ago | 
moneymarketing.co.uk | Adrian Boulding |Yasmina Siadatan |Kimberley Dondo
Inheritance tax (IHT) is a highly emotive and poorly understood subject. The general noise around unused pension pots being brought into IHT – since the surprise announcement in last Autumn’s Budget – will no doubt have prompted many discussions with clients. The new rules may well change people’s attitudes to their retirement and estate planning. But a lot could happen between now and when they are due to come into effect.
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2 months ago | 
moneymarketing.co.uk | Kimberley Dondo |Yasmina Siadatan |Andy Bell |Momodou Musa Touray
View more on these topicsAdvisers Podcast In this episode of In Conversation With…, host Kimberley Dondo is joined by Andy O’Regan, Chief Client Strategy Officer at TPT Retirement Solutions, to break down Collective Defined Contribution (CDC) pensions. They explore how CDCs compare to traditional schemes, their advantages and challenges, and what advisers need to know about the evolving regulatory landscape. Could CDCs reshape the future of retirement planning?
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2 months ago | 
moneymarketing.co.uk | Tom Browne |Yasmina Siadatan |Momodou Musa Touray |Darius McQuaid
Wealthify has announced the appointment of Jessie Kwok as its new chief investment officer (CIO), succeeding Colleen McHugh. Kwok joins from Investec, where she was senior investment director for over three years. She has also held key investment roles at Fidelity International, London & Capital, Schroders and HSBC, bringing extensive expertise in portfolio management and digital investment solutions. A CFA Charterholder, Kwok also holds certificates in sustainable finance and ESG investing.
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2 months ago | 
moneymarketing.co.uk | Yasmina Siadatan |Momodou Musa Touray |Darius McQuaid |Salome Asabre
The Consumer Duty became part of our everyday lives in July 2023 with the intention of improving the care and duty we serve to our customers. One of the downsides of such a piece of regulation was to increase the cost to deliver a form of service the industry had been providing for years. Clients with a smaller pot to invest with lesser needs, perhaps where no contact had been made in years, were suddenly under the spotlight.
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Nov 5, 2024 | 
ffnews.com | Dominic Sow |Yasmina Siadatan
Dynamic Planner, the UK’s leading risk based financial planning system, has teamed up with Salesforce, the #1 AI CRM. The agreement makes Dynamic Planner the first and only UK based wealth planning partner for Salesforce. This collaboration enables firms using Salesforce to underpin their financial planning process with Dynamic Planner, with Salesforce customers seeing many benefits including an enhanced and engaging digital financial planning experience.
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Nov 5, 2024 | 
dynamicplanner.com | Yasmina Siadatan
Dynamic Planner, the UK’s leading risk based financial planning system, has teamed up with Salesforce, the #1 AI CRM. The agreement makes Dynamic Planner the first and only UK based wealth planning partner for Salesforce. This collaboration enables firms using Salesforce to underpin their financial planning process with Dynamic Planner, with Salesforce customers seeing many benefits including an enhanced and engaging digital financial planning experience.
