Nothing is certain except death

Nov 23, 2014 No Comments by
Avatar of Phil Young

Advice on taxation is not too certain. Accountants and solicitors, in general, are moving away rather than towards financial advice, so there isn’t too much competitive pressure on planners and advisers to get into more technical and complex areas of tax advice. Whilst tax advice isn’t regulated, getting it wrong can be a horrifically expensive […]

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The Wisdom Tooth, Simplicity and the impact of ‘regulatory disconnect’

Nov 20, 2014 5 Comments by
Avatar of Chris Daems

There are certain parts of the human body which as we’ve evolved have been rendered virtually useless. Among them a the appendix, the male nipple and a body part I’ve recently had removed… The Wisdom Tooth. Before this weekend I’d never had a wisdom tooth removed before. The pain you suffer for the following few […]

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The Life / Life Balance*

Nov 19, 2014 No Comments by
Avatar of Brett Davidson

* ‘The Life/Life Balance‘ is an expression I’ve nicked from Neil Bailey at Fortitude Financial Planning. Thanks Neil! Three years ago, I made a call that not only turned my business around, but more importantly, had a huge impact on the way I live my life. That call was to a Life Coach. I know some of you […]

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My response to John Kenchington’s article

Nov 18, 2014 1 Comment
Avatar of Dominic Hiatt

John Kenchington wrote this article on FTAdviser, in response to my article on declining standards in journalism, last week. I thought I’d provide a fuller response than is possible on twitter. John, you’ve ignored a number of the key points in my article – it’s nowhere near as simple as you’ve made it out to […]

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Whose sunset is it anyway?

Nov 14, 2014 4 Comments
Avatar of Damian Smyth

A really interesting piece was posted on here yesterday from Iain Wishart and it struck me that this will likely be an increasing dilemma for a lot of firms over the next 12 months. That could be caused by the complexity of the current transversion (a word that I’m fairly sure doesn’t actually exist outside […]

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How do you put together a package to tempt the right adviser to your firm?

Nov 13, 2014 2 Comments
Avatar of Jess Wood

Chris Budd’s article has clearly got people interested, with over 1100 views and sitting at 13 comments.  Chris has raised some interesting points, and I wanted to share our thoughts on his conclusions: To recap these were: Some of those firms are using the term ‘fee based’ in a pretty loose sense (for example a […]

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Decline in journalism standards offers unprecedented opportunity

Nov 12, 2014 9 Comments
Avatar of Dominic Hiatt

There’s a secret many financial journalists want to keep under wraps. It’s that they have absolutely no idea what they are talking about. At best their technical knowledge of financial services is cursory, at worst non-existent. To top it all off, they can’t write for toffee, either. I’d like to say they know who they […]

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Canary Wharf Sunset

Nov 11, 2014 5 Comments
Avatar of Iain Wishart

Back in the pre RDR days, we placed our client’s PEP, ISA, OEIC and unit trust business largely with Cofunds – although Skandia and Fundsnetwork occasionally featured too. We shunned the 8% commission paying capital investment bonds – preferring the more tax efficient (aka lower earning) approach of using ISA allowances and also direct investments […]

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Is The FCA At Your Door About Asset Based Pricing?

Nov 10, 2014 2 Comments
Avatar of Brett Davidson

Asset Based Pricing With Halloween just behind us, I’ve picked a scary topic to discuss; asset based pricing! From the industry events I’ve attended over the last twelve months, everyone seems obsessed with the FCA hunting them down for charging asset-based fees (particularly 1% of assets under management). Others are convinced that clients won’t continue to pay […]

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