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One-man bands a victim of insto product push One-man bands a victim of insto product push Single adviser practices culled from the industry’s largest licensees may be the casualties of the major institutions’ failure to prioritise spending on compliance over product, with a former bank-owned advice executive estimating that “90 cents in every dollar” had historically gone to product manufacturing. A A In a recent episode of The ifa Show podcast, Fiducia Private Wealth Management principal Danny Maher – a former institutionally aligned adviser whose practice now operates under bouti...

Are one-man bands still a viable business option? Are one-man bands still a viable business option? Following ifa’s recent reporting on the large institutions culling single-adviser practices from their ranks, debate has been hot in the industry as to whether one-man bands can thrive in today’s advice market given the increasing compliance demands. A A In this episode of The ifa Show, host Sarah Kendell is joined by Peter Mancell and Andrew Wootton from national advice group FYG Planners, and adviser Danny Maher from Fiducia Financial Advice, who ran a single-adviser business for a numbe...

Cricklewood charity chief Danny Mayer at a group session pre covid - Credit: Ashford Place A new dementia helpline has been launched by a Cricklewood charity offering advice and support for anyone concerned about the condition. The service is run by Ashford Place and is aimed at people with dementia, their families and anyone in the borough with questions about the illness. The helpline, which provides general advice and puts people in touch with other services that can help, is funded by a £68,000 grant from City Bridge Trust – the City of London Corporation’s charity funder. Prior to t...

The Christmas hampers are for isolated residents - Credit: Rita Begum Community Action on Dementia (CAD) Brent has been putting together festive hampers for people at risk of loneliness this Christmas.   The dementia partner organisation provided 120 hampers to “little gems” in the community to make local residents’ Christmas a little bit merrier. The costs were covered by GEM Environmental Building Services (GEM), and the hampers were filled with winter warmers, festive treats, and a £10 Tesco shopping voucher.    A representative from GEM packed the hampers alongside helpers and w...