Page 5 - Tim Sargisson News Today

Sandringham extends partnership deal with Benchmark Capital By Momodou Touray 1 Sandringham Financial Partners today announced the extension of its partnership deal with Benchmark Capital. The deal will see Sandringham continue to use Benchmark’s combined platform, practice management and CRM system for at least seven years. Sandringham’s advisers, all 185 of them, will be able to continue to use Benchmark Capital’s adviser technology solutions until 2028...

Sandringham Financial Partners has extended its agreement to use Benchmark Capital’s adviser technology solutions.

‘Face-to-face meetings will quickly become the exception rather than the norm’ It is an industry built on personal relationships and face-to-face meetings; but covid-19 has pushed the financial advice sector to catch-up with the rest of the world. While some back office functions have warmly embraced ever-improving technology, there has not been a similar wholesale rush by advisers. This is likely driven by their clients being older and less tech-savvy. But firms have had to adapt to the re...

Tim Sargisson: Culture eats strategy for breakfast Content by subject Professional Adviser hosts must-attend events for the financial adviser sector. The success and reach of the brand has enabled us to deliver a series of market-leading events, including our popular breakfast briefings, awards and conferences. Download and use the apps Access your subscription from outside of the office Get relevant news and insight straight to your inbox Tips on entering PA Awards Tim Sargisson Reflecting on ...

With a multitude of academies – do they still have a place? In the March 2021 UK budget, chancellor Rishi Sunak announced that grants for apprenticeships would increase to £3,000 ($4,173, €3,497) from £1,500, as well as a £126m additional investment in traineeships. This will help companies bring in young people to their workplace and has been well-received by the financial advice industry. Ben Griffiths, financial planner at Lewis Brownlee, said: “Any initiative that actively encourag...

In a bid to provide ‘a cost-effective service’

PIMFA recently published 12 recommendations to fix the advice market. Here, Tim Sargisson assesses the trade body's desires and highlights one fundamental problem with the advice sector, or rather one problematic perception...

We may feel like we are trapped in the classic '93 movie Groundhog Day but there is some light at the end of the pandemic tunnel, writes Tim Sargisson. Until then it is essential the inhabitants of 'adviserland' sit tight, communicate with clients and stick out those six more weeks of winter...

What’s on financial advisers’ wish lists for 2021? Last year was a learning curve but this year is about ‘building the future of advice’ The financial advice industry was hit hard throughout 2020. Businesses had to adapt to the “new normal” overnight, and quickly rejig budgets to cope with the financial strain of the pandemic. The Financial Conduct Authority recently released the first of its Covid-19 surveys and found 4,000 firms that are at heightened risk of failure. “These are...

2020 was a learning curve for the sector, but this year is about ‘building the future of advice’ The financial advice industry was hit hard throughout 2020. Businesses had to adapt to the “new normal” overnight, and quickly rejig budgets to cope with the financial strain of the pandemic. “These are predominantly small and medium-sized firms, and approximately 30% have the potential to cause harm in failure,” the UK regulator said. But 2021 is a new year and there is a slight light a...