Next Wealth News Today

The long-awaited review of retirement income advice is packed full of examples of both good and bad practice

Good morning and welcome to your Morning Briefing for Friday 12 April 2024. To get this in your inbox every morning click here. UK economy grows slightly in February The UK economy has grown slightly for the second month in a row with gross domestic product (GDP) up just 0.1% in February, the Office for National

Quilter has hired three new investment directors to promote the company’s investment solutions to advisers and external audiences. Ryan Medlock and Filipo Madonia were both formerly at Royal London, while Nick Davison joins from Liontrust. They will report to lead investment director Andy Miller. All three will be

According to Next Wealth’s excellent Financial Advice Business Benchmarks report, published in October, the average cost of ongoing advice across the wider industry is now 63.7 basis points (bps) — down 4.7bps compared to last year.

IBOSS, a discretionary fund manager (DFM) owned by Kingswood, has surpassed £2bn in assets under influence (AUI). The company said that the growth was driven by strong demand from financial advisers for its investment solutions.

This is not just a future facing problem with AI. Many advice firms are not getting the most out of tech today, with frustrations about integrations, lack of development progress, support issues and ever-increasing costs.

Ryan Medlock, Senior Investment Development Manager at Royal London, looks at the Consumer Duty Products and Services outcome. Nailing this part of the Consumer Duty is going to be key to delivering and demonstrating value to your clients going forward. But how exactly do you put the building blocks in place to

Ryan Medlock, Senior Investment Development Manager at Royal London, looks at the Consumer Duty Products and Services outcome. Nailing this part of the Consumer Duty is going to be key to delivering and demonstrating value to your clients going forward. But how exactly do you put the building blocks in place to

I thought I would ask ChatGPT its view on the value of advice. Was I surprised? Well, I thought the answer was very interesting.

Tim Sargisson looks at the ever-changing platform market and explains what it all means for advisers...