Both I and many colleagues, it seems, think that, despite everything, things will, and perhaps can...
Financial Services
“London’s millionaire exodus: Advisers will ‘undeniably’ see wealthy clients move abroad”
Should we be bemoaning the ‘exodus of London’s millionaires’? Millionairedom, of course, is...
“Average ongoing advice fees rise by 9bps”
The Law of Unintended Consequences strikes again. A couple of years ago our regulator introduced...
“Morningstar: Only 14.2% of active managers beat passives over the past decade”
For reasons made obvious by this headline, a majority of advisers, particularly those with...
“‘Feeling of relief’: advisers react to FCA’s ongoing advice findings”
You may disagree, other opinions are available and so on. But our regulator has decided that we’re...
“Advice firm Almond Financial moves to four-day working week”
The Four Day Week was much discussed and trailed post-COVID, when remote-working looked likely to...
“‘Clear trend’ of smaller IFAs exiting the market”
As rehearsed many times on these pages, the average age of the financial adviser population is...
“Fewer than one quarter of advisers’ clients are under 45”
Thirty or more years ago, the opposite was the case, and a majority of clients were, if not under...
“FCA to tear down regulatory barriers in response to government growth calls”
If those ‘regulatory barriers’ can be so easily torn down, it begs the question, why were they...
“Majority of IFAs have no plans to use AI in their practices”
I remember sometime in the 90’s, attending a presentation by a successful adviser providing...
“Advice firms only spend 35% of time on client meetings”
So what should we be doing with our time? Ask any adviser what they enjoy most about what they do...
“Half of industry rejects shift to four-day work week”
The supposed move to a four day week has been much trailed and many a firm in many an industry has...
“AI expected to impact advisers more than regulation or ESG”
I had my own AI epiphany this week. Just before a Zoom meeting, I clicked on a button at the...
“‘AI could mean advisers can take on 500 clients'”
The ‘optimum’ number of clients which an adviser can effectively look after is much discussed at...
“FOS complaints surge by more than 40% in first half of 2024”
Robbie Williams hit the rock bottom of depression because of the one or two (in the Daily Mail and...