21% of clients think advisers don’t understand their behavioural biases
But they should be taken into account as part of the much-anticipated Consumer Duty rules
Industry
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Global insurance group acquires Canadian investment firm
To bolster its wealth management offering in the country
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IA launches Best Practice Adviser Awards 2023
Firms will have until 15 September to enter submissions
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Less than half of UK children have been financially educated
Money and Pensions Service announces goal to teach two million more young Brits about money by 2030
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How can the advice industry improve public opinion of IFAs?
Lack of financial education and opacity around charging ‘contribute to a lingering sense of suspicion about the profession’
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DBS launches multi-family office VCC for UHNWIs
Clients must invest at least $11.2m in managed assets to qualify
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BlackRock and Avaloq partner to bolster wealthtech offerings
Asset manager will make a minority investment in the fintech firm as part of the agreement
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Two IFAs jailed for £2m investment fraud
They were also co-directors of an offshore fund based in the British Virgin Islands
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Brits not completely opposed to inheritance tax
As 75% say some inheritances should be taxed
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Ex-CFO of SJP partner firm buys UK wealth manager
Founder will retire from the business following the deal
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Hong Kong launches family office network
Initiative will bring together lawyers, trust companies, accountants, private banks and more
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Portfolio diversification ‘completely failed’ in 2022
Head of multi asset at Liontrust does not believe it is the end for 60/40 investing