The shoehorning ghost that could haunt consolidators
Rapid growth through acquisition boosts assets and revenues, but it could also heighten the risk that end clients are placed in unsuitable investments.
NextWealth
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Tough economic conditions taking toll on advice profession – NextWealth
Report also highlights ‘clear distinction’ between ‘planners’ and ‘advisers’
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A fifth of IFAs plan to overhaul their tech stack in the next 12 months
With one in seven having switched cashflow modelling tools in the last year
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Five potential impacts of Consumer Duty
NextWealth predicts what will happen after the FCA’s regulation is implemented
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Will lack of adviser ESG training spark a mis-selling scandal?
Confusing terminology, no standardised reporting frameworks and greenwashing all could pose a problem
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11% rise in discretionary MPS assets
Consumer Duty has sparked ‘confusion about who is a co-manufacturer of the investment proposition’
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PEOPLE MOVES: FSCS, Maps, SEI
UK lifeboat scheme and pension service announce CEO exits
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Five ways Consumer Duty will impact advisers and investment managers
Adviser community has always ‘adapted to new ways of working’
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Just 23% of IFAs offer DB pension transfer advice
‘It’s hard to predict what the position will be five years from now’
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Should advice firms set up in-house investment platforms?
Developing and maintaining one can be ‘expensive’
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Will the Consumer Duty spark a rise in outsourcing?
FCA expected to enforce the rules ‘aggressively’
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UK advice sector set for a ‘wave of consolidation of acquirers’
NextWealth says it is ‘seeing an almost Pacman-like appetite’ for firms