Page 17 - Dan Murrell News Today

My alarm goes off at… ...I don’t need to set an alarm. My 17-month-old daughter, Tilly, will always let me know when it’s 7am and time to get up. Since returning to work as a new mum, organisation is now a must! I take our daughter to nursery, then check my emails and am usually on the road for 9am, off to my first

It has been a particularly tough year for investment for a range of reasons, including inflation, the war in Ukraine, the energy crisis and supply chain issues.

On the first day of Christmas the financial planning gods sent to me, A completely reformed FSCS levy On the 2nd day of Christmas the financial planning gods sent to me, A total ban on exit fees And a completely reformed FSCS levy

I am now far older and wiser but various wear and tear of the body and mind has made preparing for things like this a good deal harder. But if you want to be well rounded in later life financial advice, Solla is the place to be.

We know the regulator is focused on value. Financial planning is one of the most valuable services someone can engage with and, as such, quantifying this is a critical area for firms to get their arms around.

Is the cost-of-living-crisis forcing our current generation of pensioners and soon-to-be retirees to store up problems for themselves 10 or 20 years down the line? And what, if anything, can the industry do to help mitigate these problems?

While the cost-of-living crisis is clearly a worry not just for my clients but for myself too, it is also an opportunity to illustrate the value of advice to a wider group and grow my client bank.

Our industry is a marketplace in transformation and, as a result, increasingly demands new capabilities which a workforce focused on more diversity would bring.

The vast majority of new savers under auto-enrolment are being enrolled into a DC pension. Many will have little previous pension saving and may have little knowledge of them. There was therefore a real risk that recent events could have fatally undermined this whole project.

I like to believe that most people are well intentioned and want to leave the world a better place, this where my rational optimism comes from. It’s also a far happier experience than being an eternal pessimist. Even a broken clock is right twice a day.