We need more advocates for financial advice
Morningstar Wealth’s Mark Sanderson argues the industry needs to do more to champion the impact of good advice
News
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Bank of England holds interest rates steady at 5.25%
Eight of the nine MPC members voted to pause, while one favoured a 25bps cut
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Treasury rakes in £6.8bn of IHT in 11 months
£400m higher than previous year
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Brooks Macdonald names new head of wealth
Alex Charalambous to take on the role from 8 April
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PEOPLE MOVES: Irwin Mitchell, RBC Brewin Dolphin, Titan, Schroders Capital, LOIM
Stewart Sanderson joins IM as chief executive of its planning business
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FCA ‘urges’ advice firms to review retirement income processes
Thematic review finds areas for improvement in how firms provide advice
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Is UK inflation is ‘finally coming to heel’? CPI data falls to 3.4% for February
Figures published one day before the Bank of England’s Monetary Policy Committee meeting
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Investec gives projected profit increase ahead of Rathbones merger
Full-year results expected 23 May
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HSBC private bank arm says it’s time for clients to take on more risk
The private bank believes investors would be well served by putting more cash to work now
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Financial planning scenarios for VCTs
Triple Point’s Diana French provides some examples of how financial advisers are using VCTs in their regular financial planning
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Mediolanum adds two funds to its ESG product range
Multi-manager funds listed as SFDR Article 9
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FCA increases spending and aims to bolster UK stockmarket in 2024/25 business plans
Will increase its workforce to 5,000 staff members by the end of March 2024