Retail investment and robo-advice top SEC’s 2017 priorities
The US Securities and Exchange Commission has put retail investor protection and robo-advice at the centre of its examinations programme for 2017.
Best Practice
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Asset managers must ‘innovate and industrialise’
The asset management industry is facing an innovation dilemma as it struggles to free itself from encumbered business models and embrace industrialisation, says Matthew Lamb, chief executive of Pacific Asset Management.
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Key financial planning tips for international advisers in 2017
Opportunity knocks for financial advisers in 2017 as political, economic and regulatory turmoil leaves clients adrift in unknown territory and seeking advice, says Rachael Griffin, head of product law and financial planning at Old Mutual International.
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Almost half of millennials would buy advice from Google
More than a third of investors around the world are prepared to use robo-advisers, with an increasing number millennials, those aged 18-35, admitting they would buy insurance from an online provider such as Google or Amazon, a new report by consultancy firm Accenture has revealed.
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Meet the Warringtons part 5: LPAs and entrepreneurs relief
The fictional Warrington family faces a death in the family, grapples with lasting powers of attorney and inheritance tax mitigation in the latest case study from Edward Stone, partner at Irwin Mitchell Private Wealth.
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Aviva to partner with LinkedIn in hunt for forgotten pensions
British insurer Aviva is in talks to team up with social media giant LinkedIn to create a scheme to track millions of forgotten pension pots.
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What it takes to make a successful adviser business
Providing best advice in a transparent way, with explicit contracts so that a client expectations are met, is a good starting point for this journey, says James Pearcy-Caldwell, co-founder of Aisa International.
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UK directories urge FCA to reveal if advisers are independent
UK adviser directories Unbiased and VouchedFor have urged the Financial Conduct Authority (FCA) to publicise whether an adviser is independent or restricted.
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Zurich launches UK adviser platform with multi-application tool
Insurance giant Zurich has launched a protection platform where UK advisers can apply for multiple policies in one application.
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Uncovering stances on business ethics among advisers globally
Tricky ethical scenarios faced by financial advisers around the world who take part in the Chartered Institute for Securities & Investment’s integrity-based workshops show some fascinating trends, says Rebecca Doodson, CISI’s manager of ethics and integrity.
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US funds must disclose fees under DoL adviser reforms
US mutual funds will be required to fully disclose all their fees and asset allocation as a result of the Department for Labour’s (DoL) upcoming investment advice rule, according to the Securities and Exchange Commission (SEC).
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George Michael’s death and key IHT case raise issues for 2017
Celebrity deaths over the Christmas period and a pending supreme court decision on a key inheritance tax case all highlight the importance of using trusts for estate planning, a leading IHT expert has said.