‘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 restrictions that the pandemic placed on them and the majority have not only coped but actually thrived in the “new normal”.
Thankfully, with the NHS’ tremendous vaccination effort, the UK is near the end of its long lockdown – but are firms ready for the UK to be unlocked?
Eastern Caribbean Securities Regulatory Commission Confirms New Qualifications Regime With CISI To Enhance Professionalism Date
10/05/2021
The Eastern Caribbean Securities Regulatory Commission (ECSRC) and the Chartered Institute for Securities & Investment (CISI) have confirmed a new programme of qualifications aimed to enhance and promote professionalism and professional standards in the Eastern Caribbean Securities Market which operates across eight Eastern Caribbean countries.
ECSRC is the regional regulatory body for the Eastern Caribbean Securities Market, which includes Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St Christopher (St Kitts) and Nevis, Saint Lucia, Saint Vincent and the Grenadines.
The CISI is the not for profit, global membership body for those working in capital markets, wealth management and financial planning, with 45,000 members in over 100 countries. The ECSRC is responsible for issuing licences to prac
BBC presenters took on a combined 95 external engagements in the first three months of 2021 according to data released by the corporation about external staff earnings.
Although the BBC did not disclose exactly how much each presenter was paid – only revealing if the engagement fee was greater or less than £5,000, – the total earned amount could be £230,000.
To arrive at this figure we assumed that engagements under £5,000 paid were an average of £1,000 (the BBC revealed that half of the lower-paid engagements were under this amount), while high-earning engagements paid an average of £10,000. The lack of data provided by the BBC means however, this is only a ball-park estimate.
Stay safe: Consumers get the message on protection
The pandemic has forced millions of consumers to re-evaluate their life, their finances and their long-term plans, leading to an explosion in demand for financial advice and, in particular, insurance cover
By Justin Cash
In the long hours of lockdown, many people turned their attention to their finances.
That may have been out of necessity the pandemic has seen individuals be put on furlough, lose their job altogether or be forced to self-isolate or because the virus has reminded them of their own mortality and the need to protect their family.
Either way, the demand for financial advice has exploded.
In the long hours of lockdown, many people turned their attention to their finances. That may have been out of necessity the pandemic has seen individuals be put on furlough, lose their job altogether or be forced to self-isolate or because the virus has reminded them of their own mortality and the need to