Lighthouse CEO Streatfield: Young clients hold the key to a firm's value

Professional Adviser | 24 Apr 2014 | 13:01

Advisers who embrace young clients despite their lack of wealth are building the foundation for a more valuable business, Lighthouse chief executive Malcom Streatfield has said.


FCA concerned about compliance ‘for the sake of it'

Compliance which adds little to the client experience except an extra layer of cost is on the regulator's radar as an area of concern it is investigating, Financial Conduct Authority (FCA) technical specialist Rory Percival has said.

Professional Adviser | 24 Apr 2014 | 12:11

Lloyds hires Ex-Pru CEO as Scottish Widows chair

Former Prudential chief executive Nick Prettejohn has joined Lloyds Banking Group as a non-executive director and chairman of Scottish Widows.

Professional Adviser | 24 Apr 2014 | 08:19

Other Better Business articles


SimplyBiz acquires estate planning and will writing business

Adviser support services group SimplyBiz has acquired estate planning and will writing business APS Legal & Associates and its subsidiaries Simply Legal & Associates and Assured Probate Services.

Professional Adviser | 23 Apr 2014 | 11:41

How big is the threat to trail commission?

The FCA is concerned there is no "end date" for pre-RDR trail income, but should advisers be alarmed? Robert Cochran assesses the facts and offers tips on how to protect your business...

Professional Adviser | 23 Apr 2014 | 11:23

Former Competition Commission chief joins FCA

The Financial Conduct Authority (FCA) has appointed former chief executive of the Competition Commission (CC) David Saunders as a senior adviser on competition.

Professional Adviser | 23 Apr 2014 | 11:00

Video: Four things advisers must do to win client trust

Most conversations with clients have what business consultant Steve Billingham calls 'defining moments'. Being able to identify them, he says, is one of four key skills advisers must possess if they want to build genuine client trust...

Professional Adviser | 22 Apr 2014 | 17:50 | video

Add to basket: What if Amazon entered financial services?

What if Amazon entered financial services? What would it mean for discount brokers, providers, even advisers, if a brand voted in 2013 as ‘best perceived' by a panel of more than one million people got in on your action? Think about that for a moment.

Professional Adviser | 22 Apr 2014 | 13:38
Keith Richards

Public only hears 'advice', says PFS chief Richards

How the industry distinguishes between 'advice' and 'guidance' is at odds with how the public perceives financial services, argues Personal Finance Society (PFS) chief executive Keith Richards.

Professional Adviser | 22 Apr 2014 | 12:06 | video

Date set for Aberdeen UK Platform Awards

Organisers of the Aberdeen UK Platform Awards have set a date for this year's ceremony, and will soon be inviting firms to enter the adviser categories.

Professional Adviser | 17 Apr 2014 | 14:59
HM Revenue and Customs

HMRC issues new rebate tax guidance after raft of enquiries

HM Revenue and Customs (HMRC) has issued fresh guidance on its decision to tax unit rebates after receiving a number of queries from fund groups and platforms.

Professional Adviser | 17 Apr 2014 | 07:52
Google Logo

Tech rout continues as Google falls on weak earnings

Google shares moved sharply lower in after-hours trading following a disappointing update, with the negative sentiment that has blighted the sector showing no sign of abating.

Professional Adviser | 17 Apr 2014 | 07:50

Video: How to stay this side of your advice use-by date

Three things to remember about client reviews: they should be regular; they shouldn't only be about investment performance; and they can help create absolute confidence in clients' minds about what you do. Business consultant Steve Billingham explains more in this short video...

Professional Adviser | 16 Apr 2014 | 17:26 | video

Fisher to exit Towry as former Pru chief takes over

Andrew Fisher, the chief executive of Towry, has announced his departure from the business after ten years.

Professional Adviser | 16 Apr 2014 | 10:48

Hargreaves in talks over Woodford as assets pass £45bn

Hargreaves Lansdown has said Neil Woodford's new fund management venture could provide a further boost to its business after it reported record net inflows of £1.83bn for the first quarter.

Professional Adviser | 16 Apr 2014 | 07:37

Charles Stanley warns rising costs to 'hit profits by 10%’

Charles Stanley’s pre-tax profits are likely to fall 10% short of market expectations due to rising costs, the wealth manager has warned.

Professional Adviser | 16 Apr 2014 | 07:34

L&G's Pollock: High street advice dead? It's alive and kicking

Predictions of a dearth of advisers and an ever-expanding advice gap were wide of the mark, but how consumers access advice may have changed irreversibly, writes John Pollock, chief executive of Legal & General Assurance Society...

Professional Adviser | 15 Apr 2014 | 07:47

Investment advisers hit with additional £7m FSCS levy bill

Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014-2015 after it cut its bill by £37m, but investment advisers face another hike in costs.

Professional Adviser | 15 Apr 2014 | 07:42

Armchair Critic: The known unknowns of regulated online advice

Brendan Llewellyn, Professional Adviser's resident Armchair Critic, examines the viability of online advice models, and reaches what some might consider an inevitable conclusion...

Professional Adviser | 14 Apr 2014 | 16:25

Pete Matthew: Why we're still tweaking our fees document

Jacksons Wealth is a fee-based, RDR-friendly financial planning business. But, after making another tweak to its fees disclosure document, managing director Pete Matthew is beginning to wonder who it's really for - the client or the regulator?

Professional Adviser | 14 Apr 2014 | 15:47


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