Are advisers overlooking a huge client pool?
Women are getting wealthier but remain reluctant investors. Shifting the tone of financial conversations with female clients could open up a massive and under-served demographic for advisers.
Best Practice
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Model portfolio risk labels ‘dangerously naive’
The UK’s Financial Conduct Authority has taken aim at risk-targeted model portfolios in its platforms study, which has sparked calls for platform providers to re-evaluate “subjective” branding and the amount of information they disclose.
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Seven steps for better platform client outcomes
From banning exit charges to drawing on the platform industry to tackle orphan clients, the Financial Conduct Authority has outlined seven remedies to improve consumer outcomes.
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Customer communication in the 21st century
Today’s investors are a savvy bunch. Long gone are the days of mailing out reams of identical reports and brochures to everyone on your list; 2018 supply chains are complex and require delicate handling, says Mitch Cornelia, director of lead supply solutions at Paragon Customer Communications.
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An adviser’s duty in the unfolding ‘incapacity crisis’
Financial advisers have an important role in safeguarding ageing clients from their own loss of faculties and any abuse of power of attorney rules, according to law firm Irwin Mitchell.
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Are advisers blindly buying into strategic bonds?
The return of inflows into sterling strategic bond funds has raised concerns advisers are blindly allocating money into the sector without understanding it is not just a one-stop shop for outsourcing fixed income asset allocation.
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Three ways Singapore advisers need to build trust
Singapore’s regulator has called on advisers to build trust by empowering clients, raising conduct standards and enhancing oversight.
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12 tips to keep DB transfer PI costs down
Professional Indemnity insurers have a problem with pension transfers, so broker Howdens has put together 12 things advisers can do to help mitigate the risks and the costs.
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FCA told to engage more with professional bodies
A financial services alliance representing 200,000 global members is demanding the UK’s Financial Conduct Authority (FCA) does more to support professionalism in the industry.
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Higher offshore tax evasion penalties explained
The UK taxman has updated its factsheet on how it calculates new penalties for offshore tax evasion involving income tax, capital gains tax and inheritance tax.
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Pensions industry shuns cash-poor millennials
Millennials have largely been left in the lurch by pension providers who assume they are too cash poor or disinterested to engage with investing for their future.
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Wealth managers ‘taking advantage’ of clients’ trust
Half of UK investors don’t know what they are being charged by their wealth manager, according to UK discretionary manager Netwealth.