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How to build a successful advice business

How to build a successful advice business

Building a successful advice business is not rocket science but it does require a clear vision, strategic objectives and the adoption of big data. Old Mutual Wealth's head of international distribution development, Mike Leeson, offers a road map to success.

Published : 27, Jun 2017
Overseas pension transfers more complex under new FCA rules

Overseas pension transfers more complex under...Lock icon

Transfers to overseas pensions are likely to become even more complicated following proposals from the Financial Conduct Authority to overhaul pension transfer advice in the UK.

Published : 21, Jun 2017
FCA to overhaul pension transfer advice rules

FCA to overhaul pension transfer advice rulesLock icon

Advice on pension transfers is to be provided as a personal recommendation and transfer value analysis replaced with a comparison to show the value of the benefits being given up under plans announced by the UK regulator on Wednesday.

Published : 21, Jun 2017
Fearful advisers face ‘information vacuum’ on pension transfers

Fearful advisers face ‘information vacuum’ on...

Nearly all financial advisers disagree with the UK regulator’s pension transfer value analysis assumptions and are having to deal with an “information vacuum” from the UK regulator, according to veteran retirement expert Mike Morrison.

Published : 20, Jun 2017
How the fee-based model changes asset management

How the fee-based model changes asset management...

What could the potential fallout be for asset managers when Asia’s regulators eventually replace the commission-based wealth management model with a fee-based one? Ben Cherrington, head of intermediary channels in Asia Pacific at M&G Investments, shares some key changes in the UK, which decided to make the leap to fee-based in 2013.

Published : 20, Jun 2017
Regulation to make life 'harder and harder' for wealth firms

Regulation to make life 'harder and harder' for...

Regulation will make the job of a wealth manager “harder and harder” over the coming years, Quilter Cheviot’s Mark Hallam has said.

Firms must take action now on Mifid II permissions says FCA

Firms must take action now on Mifid II permissions...Lock icon

Firms that need to change their regulatory permissions to comply with Mifid II must act now, the UK’s Financial Conduct Authority has warned.

Published : 19, Jun 2017
Fear driving global rise in DB pension transfers say advisers

Fear driving global rise in DB pension transfers...

Fear that defined benefit (DB) pension schemes may be unable to meet their long-term liabilities is driving demand for pension transfers, research from Old Mutual International (OMI) has found.

Published : 15, Jun 2017
Fecif offers ‘unprecedented’ insight into European IFA sector

Fecif offers ‘unprecedented’ insight into European...Lock icon

European IFAs will have a better understanding of their industry following detailed analysis of the continent’s advice sector by the European Federation of Financial Intermediaries and Financial Advisers (Fecif).

Published : 12, Jun 2017
Financial advice tops Channel Island Ombudsman complaints

Financial advice tops Channel Island Ombudsman...Lock icon

Nearly half of the investigations handled by the Channel Islands’ Financial Ombudsman (CIFO) last year related to investments and funds, with financial advice the single most complained about area.

Published : 12, Jun 2017
Hong Kong’s new Insurance Authority eyes mis-selling crackdown

Hong Kong’s new Insurance Authority eyes mis-selling...Lock icon

Hong Kong’s new insurance regulator plans to work closely with its mainland China counterpart to protect consumers when it officially takes over from the Office of the Commissioner of Insurance (OCI) on 26 June.

Published : 12, Jun 2017
Tax evasion crackdown will see wealth managers lose $13bn

Tax evasion crackdown will see wealth managers...

Wealth managers around the world will lose around $13bn (£10bn, €11.5bn) of annual revenue due to a global crackdown on tax dodging as clients are set pull out $1.1trn out over the next few years, a new report suggests.

Published : 7, Jun 2017
Guardian’s new client division to tackle industry shortfalls

Guardian’s new client division to tackle industry...

Guardian Wealth Management has launched a new division to focus on client relationship culture after research found that most expats feel the ongoing service they receive from their IFA firms has declined or stopped altogether.

Published : 7, Jun 2017
Zurich to support UAE advisers adapt to regulatory changes

Zurich to support UAE advisers adapt to regulatory...

Zurich has launched a programme to help financial advisers and intermediaries in the UAE prepare for and implement the upcoming regulatory changes to the country’s life insurance industry.

Published : 6, Jun 2017
Aussie watchdog warns advisers ahead of commission cap

Aussie watchdog warns advisers ahead of commission...Lock icon

Advisers in Australia have been warned by the country’s financial regulator not to inappropriately switch clients into charge-heavy products ahead of major changes to commission payments and clawbacks on insurance policy sales.

Published : 6, Jun 2017
Tories trump Labour as UK advisers struggle with uncertainty

Tories trump Labour as UK advisers struggle with...

Advisers favour a Conservative victory in the UK general election as nearly one in three say uncertainty over the result and its aftermath are a major concern for their business, research from MetLife shows.

Published : 5, Jun 2017
IMF urges millennials to prepare for 'pension shock'

IMF urges millennials to prepare for 'pension...

For millennials entering the workforce, the public pension system in advanced economies is simply not going to provide the safety net in retirement that it did for previous generations, according to a new report by the International Monetary Fund (IMF) entitled ‘Pension Shock’.

Published : 2, Jun 2017
Feifa partners with BNP Paribas Asset Management

Feifa partners with BNP Paribas Asset Management...

The Federation of European Independent Financial Advisers (Feifa) has partnered with BNP Paribas Asset Management to promote professional development and training activities.

Published : 1, Jun 2017
Scammers use speech tricks to con victims

Scammers use speech tricks to con victims

Cold-calling fraudsters use an urgent tempo when speaking or apologetic language to convince victims that they are genuine, research from scam awareness group Take Five suggests.

Published : 31, May 2017
How the UK election could impact pensions

How the UK election could impact pensions

What looked like a sure thing when UK prime minister Theresa May called the snap election back in mid-April has turned somewhat muddy. Aegon pensions director Steven Cameron has taken a look at what the parties’ manifestos mean for pensions.

Published : 31, May 2017

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FCA to overhaul pension transfer advice rules
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EU’s new tax avoidance law to target Channel Island schemes
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Overseas pension transfers more complex under new FCA rules
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