Fidelity not out to eat advisers’ lunch with wealth mgmt push
Roll out of financial advice venture raises questions about the firm’s role in the UK
The Lang Cat
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What do firms actually mean when they say ‘disruption’?
Because it’s absolutely not something my mum looks for from a financial services institution
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Technology is not a one-and-done solution for advisers
And spending millions on due diligence in terms of time and resources is ‘frankly ridiculous’
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Advisers pester fund groups to cut fees
Despite only 9% having cut their own costs in recent years
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UK regulator says tech tools aren’t a ‘silver bullet’
‘Miscalibration’ and a lack of due diligence ‘can lead to very poor outcomes’
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Should investment trusts become the norm for IFAs?
Financial advisers have a ‘duty’ to analyse all asset classes when building client portfolios
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Snowballing pension charges could cost up to £40,000
Making the wrong choice early on can have massive implications for a client’s retirement pot
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UK platforms failing to provide income to retirees
‘Customers are being hampered by inflexible and infrequent payments and a lack of innovation’
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Costs and admin issues stop advisers doing platform transfers
Over half of IFAs would not recommend it to a client as they seek more guidance from regulator
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UK watchdog eyes ban on investment platform exit fees
Investors are ‘getting shafted by poor execution, opaque funds and sneaky fees’
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Pension decumulation provisions still ‘thin on the ground’
‘Technology not a barrier’ but providers need to start innovating
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Advisers face tough grilling on client portfolio performance
Market volatility and Mifid II fee disclosure set to test adviser-client relationship