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Leader: Deciding how best to charge for advice

Calls for urgent reform of LoA process after report reveals wasted cost

A new report has estimated that £442m is wasted every year due to 'inefficient' Letters of Authority (LoA) processes. The #LogYourLoAPain Campaign revealed that altogether 3.9 million LoAs are sent every year, an average of 6.5 per financial adviser. Overall, 10% of these require wet signatures. According to the

Pensions specialist's report says 'waste' sees 'consumers paying the price'

Octopus Money moves assets onto Seccl-powered platform

Octopus Money has successfully migrated its customers assets onto a single platform, powered by its sister company Seccl. Octopus Money launched in May 2023 as the new home for all money-related advice at Octopus, building on the successes of Octopus MoneyCoach and Octopus Wealth. Seccl has been part of Octopus Group

Octopus Money successfully migrates onto Seccl-powered platform

Octopus expands shareholding in Seccl as co-founders depart

Octopus will grow its shareholding in Seccl as its two co-founders depart the business. Seccl was founded by Dave Harvey and Hugo Thorman after their departure from Ascentric. Octopus acquired Seccl in 2019. Since then, the firm has developed a number of products, services and tools, including its fully automated

Octopus expands its shareholding in Seccl as co-founders Dave Harvey and Hugo Thorman depart

Output answers Octopus Money brief to help inspire financial planning

At a time when many people are struggling financially and living day to day, the studio's challenge was to help the client make consumers care about p...

Best of 2023: Top 5 In Conversation With Podcast Episodes

Embark on a journey through the most compelling conversations of the year! As we bid farewell to 2023, join us in revisiting the In Conversation With podcast series' top 5 episodes that captivated and inspired our audience. From thought-provoking insights to unforgettable stories, these episodes have left an

Highlights from our 2023 MM Meets interview series

Money Marketing's MM Meets – an interview series with high-profile players at advice firms, platforms, providers and more - continued to be hugely popular in 2023.