Shows
FTAdviser PodcastWhat got FTAdviser excited in Q1?Once a quarter, FTAdviser journalists talk about some of the most interesting stories they have worked on and what the implications of such breaking news might be for the readers. In this episode, we discuss the Budget, the backtracking over the state pension age rise, inflation, central bank policies and the incoming consumer duty regulations. Joining editor Simoney Kyriakou on this podcast are Amy Austin, news editor, and David Thorpe, investment editor and contributing editor for Asset Allocator. Hosted on Acast. See acast.com/privacy for more information.
2023-04-1418 min
FTAdviser PodcastFinding Alpha in global equitiesOne of the talking points of 2022 was whether the rotation away from growth stocks and towards value stocks was finally taking place.In this special edition of the FTAdviser podcast, sponsored by Vanguard, FTAdviser contributing editor David Thorpe is joined by Andrew Surrey, senior national development manager at Vanguard, and Charlie Parker, managing director at Albemarle Street Partners, to discuss the thorny issue of trying to time rotations in equity markets.This podcast is part of our Vantage Point Investing for Alpha series, and is sponsored by Vanguard. The FTAdviser Podcast is the p...
2022-11-0925 min
FTAdviser PodcastWhat the energy crisis means for investmentsThe latest edition of the FTAdviser podcast examines the energy security dilemma.There has been an accelerated push to transition to renewable energy since the invasion of Ukraine by Russia, which has made the drive towards energy independence a priority for many governments. Soaring energy prices has also made the need to shift towards solar, wind and hydrogen power generation even more urgent.However, at the moment not enough structures have being built to emit the energy needed to herald in that independence, which has led to more countries considering scaling up their nuclear power...
2022-10-1936 minFTAdviser PodcastIncome investing in a world of higher inflationThe latest edition of the FTAdviser podcast examines the prospects for clients that have income as a priority, in a world of higher inflation.After a decade where most assets yielded very little, presenting a very particular challenge for income portfolio managers, 2022 has seen yields rise, but the capital values of many assets fall sharply, while inflation erodes the real value of the income generated.So how can investors with income as a priority construct a portfolio in this climate. And is it possible, for the first time in many years, to have a portfolio...
2022-10-1320 minFTAdviser PodcastHow will consumer duty affect advisers' day-to-day role?The new consumer duty, for which the rules were confirmed in July, won’t see a substantial amount of change for advisers, according to the guests on the latest FTAdviser Podcast.Speaking to deputy news editor Sonia Rach, this week's podcast guests, Simon Harrington, head of public affairs at Pimfa, and Mike Barrett, consulting director at the Lang Cat, said there was likely to be little change coming for advisers. In the discussion, they discussed the actual provision of giving advice, assessing suitability and how it differs from the RDR regulation previously.The dis...
2022-09-0223 minFTAdviser Podcast'It's not the time for one-way bets'The start to 2022 was a rocky one for equities, with the MSCI World index losing 14 per cent year to date.While recent weeks have provided some respite for equities, with most markets rebounding to some extent, continued high inflation and rising interest rates mean equity investors could continue to experience something of a rollercoaster ride, with markets struggling to price in the changing economic circumstances.This week FTAdviser contributing editor David Thorpe is joined by James Thomson, manager of the Rathbone Global Opportunities fund, John Moore, senior investment manager at Brewin Dolphin, and Jason Borbora-Sheen...
2022-08-1927 minFTAdviser Podcast'Mortgage lenders don't want our business'Mortgage lenders cannot cope with the volume of business coming their way, advisers have told the latest FTAdviser Podcast. Speaking to senior editor Simoney Kyriakou, Jane King, chartered adviser for Ash Ridge Financial Services, said lenders had told her they were swamped, partly due to the difficulties of navigating hybrid working but also because of having to cope with ever-changing bank base rate rises. Also joining her on the podcast was Almas Uddin, founder of Revolution Brokers, who warned of a "massive mortgage slowdown", while Rachel Springall, financial expert at Moneyfacts, said the ever-rising base rate meant the cost...
2022-08-1232 minFTAdviser PodcastWhat effect will the new mortgage affordability rules have?This week the Bank of England has scrapped a key affordability test for borrowers wanting to take out a mortgage which was introduced following the 2008 financial crisis.Since Monday, lenders no longer have to assess whether borrowers will be able to afford a mortgage if interest rates increased by 3 per cent because the Bank claimed it was no longer necessary and was actively preventing people from getting a mortgage.This week FTAdviser deputy editor Damian Fantato is joined by Jeremy Duncombe, managing director of Accord Mortgages, and Danny Belton, head of lender relationships at Legal...
2022-08-0519 minFTAdviser PodcastAdvisers need support with complex divorce adviceUnfortunately a gender pensions gap exists and men are more often than not better off in retirement then women, but divorce often plays a role in this as many do not take into account a partner’s pension.When going through a divorce the court can make a pension sharing order to provide a transfer from a spouse with a greater pension provision to the one with the lesser. But many people do not know this exists. For example, a 2021 study looking at divorcees aged 55-64 found that men had an average total private pension fund value of...
2022-07-2920 minFTAdviser PodcastHow will the growth of the DFM market affect advisers?Over the past few years, the world of discretionary fund managing has grown and so has competition in this space.As the number and complexity of funds increase, DFMs have become a popular tool for IFAs, helping them to find efficient ways of making the right investment decisions for their clients.But how can advisers make sure they’re entrusting the right people with their clients’ money, and what impact will the growth in DFMs have on advisers? Will the new entrants in the DFM market be able to challenge some of the bigger incumbents?
2022-07-2233 min
FTAdviser PodcastHow to position an equity portfolio for higher volatilityThe start to 2022 has been a volatile one for investors, with rising inflation and rising interest rates. In short, it is a difficult time to be an equity investor.Many areas of the market which led the recent 10-year-long rally have fallen away, which lead investors to wonder what comes next.In this special edition of the FTAdviser podcast, sponsored by Artemis, contributing editor David Thorpe is joined by Fahad Hassan, chief investment officer at Albermarle Street Partners, and Alex Illingworth, co-manager of the Artemis Global Select fund and the Mid Wynd Investment Trust.
2022-07-2021 minFTAdviser PodcastLead gen must be held to same standards as advisersLead generation has become an increasingly thorny issue, and the regulator has been increasingly cracking down on inappropriate and fraudulent advertising.According to the regulator, last year 564 adverts were withdrawn or amended, double the number compared to previous years.This week FTAdviser editor Simoney Kyriakou is joined by Joanna Streames, founder of Velvet Mortgage and Insurance Services, and Alain Desmier, founder of Contact State to discuss how advisers and regulators should approach this area.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined...
2022-07-0835 minFTAdviser PodcastHow inflation is affecting pension savingsOver the past few months inflation has risen higher and higher, now hitting a fresh 40-year high of 9.1 per cent, with no signs of slowing down. In fact, it is expected to reach double digits soon.On this week's edition of the FTAdviser Podcast, news editor Amy Austin is joined by Russell & Co IFA Tim Morris and James Jones-Tinsley, a self-invested technical specialist at Barnett Waddingham to discuss what this mean for people saving into a pension.They discuss whether retirees are majorly impacted by rising inflation as well as what it means in terms...
2022-07-0123 minFTAdviser PodcastIs the mortgage market 'inching towards a perfect storm'?The government has pledged to conduct a mortgage market review to help more first-time buyers get onto the housing ladder.This will look into how more people can be given access to high loan-to-value mortgages and what alternative ways of providing finance and managing risk there might be.On this week's edition of the FTAdviser Podcast, deputy editor Damian Fantato is joined by Martin Stewart, director of London Money, and David Hollingworth, associate director of L&C, to discuss what options the government might explore.They discuss whether the loan-to-income ratio now poses...
2022-06-2421 minFTAdviser PodcastDoctors’ pensions: What are the solutions?On this special edition of the FTAdviser Podcast, news editor Amy Austin is joined by chair of the BMA's Pensions Committee, Vishal Sharma and Graham Crossley, NHS pension specialist advisor at Quilter,to discuss how pension tax issues are causing doctors to leave the profession and what the government should to to attempt to stop this.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast...
2022-06-2222 minFTAdviser PodcastFTAdviser talks to FSCS chief executive Caroline RainbirdThe levy for the Financial Services Compensation Scheme may have gone down in 2022-23 but the chief executive of the FSCS still thinks reform is needed.Caroline Rainbird sat down with FTAdviser news editor Amy Austin to discuss the levy and why she thinks the compensation limit on pension claims is going to need to be increased.They also discussed the British Steel Pension Scheme scandal and why the tail of compensation means advisers are unlikely to see their levy bills drop in the near future. The FTAdviser Podcast is the podcast for f...
2022-06-1729 min
FTAdviser PodcastGlobal income investing at a time of market strifeHigh inflation and higher interest rates have made the current market environment a difficult one for income investors.In this special edition of the FTAdviser podcast, sponsored by Artemis, contributing editor David Thorpe is joined by Jacob De Tusch-Lec, manager of the Artemis Global Income fund, and Jake Moeller, senior investment consultant at Square Mile, to discuss the options investors have.They discuss how investors can determine whether yields are sustainable, the art of being more defensive during a time of potential stagflation and whether there are any areas left for equity income seekers which...
2022-06-1524 minFTAdviser PodcastFSMA 2.0 could make UK regulators ‘most powerful’ in the worldLast month, in the Queen’s speech, the government announced plans to bring in new legislation to "strengthen" the UK's financial services industry and ensure it acts "in the interest of all people and communities". This will be achieved through a financial services and markets bill which will be introduced the coming year.In this week's podcast, FTAdviser deputy editor Damian Fanato speaks to Langcat director of public affairs Tom McPhail and Pimfa director of government relations and policy Tim Fassam on future of the financial services market bill and what the impact will be. The...
2022-06-1026 minFTAdviser PodcastFinding real returns in an inflationary environmentWith inflation soaring, interest rates rising and waves of economic and geopolitical uncertainty hitting the equities and bonds, investors can’t be blamed for struggling to find returns.In this week's podcast, FTAdviser's investment reporter Sally Hickey speaks to Sam Dovey, head of research at Ravenscroft, and Ian Brady, chief investment officer at WH Ireland, about where to find real returns, why investing in China is a good idea and how they've found hybrid working.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by...
2022-05-2723 minFTAdviser PodcastWhy is the FCA concerned about equity release?The Financial Conduct Authority has warned advisers it needs to look again at the equity release market to make sure it is working in the best interests of consumers.This would be the second time the regulator has looked into this rapidly growing market to make sure it is working as it should.So this week FTAdviser reporter Ruby Hinchliffe is joined by David Forsdyke, head of later life at Knight Frank and a former equity release supervisor at the FCA, and Laura Healy, a mortgage and equity release adviser at Fairview Financial....
2022-05-2032 minFTAdviser Podcast‘City bosses need to take mental health personally’Mental health is a topic which, in recent years, has come to the forefront of discussion at many businesses for the first time in history. Particularly following a global pandemic, which, for much of us, took a serious toll on our mental states. In 2020/21, work-related stress, depression or anxiety accounted for 50 per cent of all work-related ill health, according to the most recent government figures.This week, to mark Mental Health Week, Ruby Hinchliffe, senior reporter at FTAdviser, spoke to Paul Feeney, Quilter CEO, about what more he thinks the financial industry could be doing to address...
2022-05-1326 minFTAdviser PodcastThe ‘Amazonification’ of the client experienceFinancial advice has come a long way over the years, more so after technology during the pandemic has evolved the way we all live. The ability to have everything at the click of a button means clients expectations from financial advisers and firms will be fast moving.Speaking to FTAdviser on this podcast, two experts discuss the ‘Amazonification’ of the client experience and where we are at in the industry.Russell Andrews, global head of advice solutions for SEI's Asset Management distribution team and Heather Hopkins, managing director and founder of NextWealth, explain the r...
2022-05-0632 min
FTAdviser PodcastThe outlook for emerging markets post-CovidEmerging markets may be considered less risky to invest in now, compared with the past, but they face a number of headwinds.Borrowing to tackle the pandemic has left many facing sovereign debt worries.Additionally, China continues to be a drag on the EM investment sector, exacerbated by its zero-Covid policy.In this special edition of the FTAdviser Podcast, sponsored by Schroders, deputy features editor Ima Jackson-Obot speaks to David Rees, senior emerging markets economist at Schroders, and Daniel Casali, chief investment strategist at Tilney Smith & Williamson, to talk about the outlook for emerg...
2022-04-2725 minFTAdviser PodcastHow FCA network reforms could impact firmsReforming networks’ appointed representative models is high on the Financial Conduct Authority’s agenda this year, and it’s been a subject of much controversy since the publication of the watchdog’s consultation in March.According to the FCA, networks generate between 50 and 400 per cent more complaints and supervisory cases on behalf of themselves and their members than firms which are not networks.This led the watchdog to conclude more issues arise from principals and ARs than they do from directly authorised firms. Hence, it deemed a change to the AR regime - introduced back in 1986...
2022-04-2230 minFTAdviser PodcastInvesting at a time of volatilityRising inflation and interest rates mean 2022 started with heightened volatility, which has not let up since.So what does this mean for investors?This week, FTAdviser contributing editor David Thorpe is joined by Peter Fitzgerald, total return fund manager at Aviva Investors and Peter Doherty, fixed income investor at Sanlam, to discuss how then are approaching the issue.They discuss how sure we can be that assets will perform as they have in the past and that correlations that have been there in the past will be again and whether investors should view periods of...
2022-04-1423 minFTAdviser PodcastThe future of platformsPlatforms have reached another inflection point. Most, if not all, major advised platforms have upgraded their technology now, as the calls from advisers grow louder for better integration and more easily attainable routes to data. This means platforms, theoretically, have the tools they need now to truly start innovating for advisers. Meanwhile, a number of customised platform providers have emerged - all offering slightly different services - but the onus being generally the same, which is to encourage advice firms to invest more money and time in technology, and take on more risk, by owning their own p...
2022-04-0829 minFTAdviser Podcast'Get money in now': how the Spring Statement affects pensionsA few weeks ago the Spring Statement was expected to be an uneventful macroeconomic update, but the war in Ukraine and spiralling cost of living meant chancellor of the exchequer Rishi Sunak had to take action.This he did by cutting the national insurance contribution threshold by £3,000, cutting fuel duty by 5p a litre and pledging to cut the base rate if income tax to 19p in 2024.In this week's podcast, FTAdviser news editor Amy Austin talks to Claire Trott, divisional director of retirement and holistic planning at SJP, and Chris Etherington, private client partner a...
2022-04-0120 min
FTAdviser PodcastIs the party over for ESG?UK investors put £37bn into environmental, social and governance funds during 2021, continuing the trend of these funds attracting huge amounts of money.But at the start of 2022, rising inflation and interest rates meant the growth stocks which tend to populate ESG funds underperformed. Indeed the MSCI ACWI ESG Universal index has outperformed the MSCI World index in each of the past five years but so far in 2022 it is lagging behind.This week FTAdviser reporter Sally Hickey is joined by Ben Yearsley of Fairview Investing and Ryan Hughes, head of investment research at AJ Bell, t...
2022-03-2525 minFTAdviser PodcastWill the online safety bill tackle scams?This month, the government has finally succumbed to pressure from the industry and included paid-for adverts in the scope of the online safety bill.Essentially, this means social media platforms and search engines will have a legal duty to prevent paid-for fraudulent adverts appearing on their services. This is in the hope that fewer people will be scammed via this method.This week FTAdviser news editor Amy Austin talks to Tom Selby, head of retirement policy at AJ Bell, and Tim Fassam, director of government relations and policy at adviser trade body Pimfa, about whether...
2022-03-1821 minFTAdviser PodcastWill the online safety bill tackle scams?This month, the government has finally succumbed to pressure from the industry and included paid-for adverts in the scope of the online safety bill.Essentially, this means social media platforms and search engines will have a legal duty to prevent paid-for fraudulent adverts appearing on their services. This is in the hope that fewer people will be scammed via this method.This week FTAdviser news editor Amy Austin talks to Tom Selby, head of retirement policy at AJ Bell, and Tim Fassam, director of government relations and policy at adviser trade body Pimfa, about whether...
2022-03-1821 min
FTAdviser PodcastHow can we solve the UK housing crisis?It is no secret the UK housing market is facing one of its biggest supply crises yet. At the start of this year there were 350,980 properties for sale in the UK, 36 per cent fewer than at the start of 2020.As the number of houses available to buyers remains low, house prices have simply continued to rise. In this podcast, FTAdviser is joined by Imran Hussain, a Nottingham-based broker at Harmony Financial Services, and Ellie Bateman, policy officer at Propertymark - the professional body for estate agents. They discuss the housing supply crisis in its current state, and...
2022-03-1134 min
FTAdviser PodcastHas abridged advice been a success?Abridged advice was launched in 2019 to help clients decide whether to go ahead with a defined benefit transfer as part of the Financial Conduct Authority's bid to put an end to unsuitable DB transfers. But has it worked?This week FTAdviser news editor Amy Austin is joined by Fiona Tait, technical director of Intelligent Pensions, and Simon Harrington, senior policy adviser at trade body Pimfa, to discuss whether it has worked.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the...
2022-03-0421 min
FTAdviser PodcastInvesting for inflationInflation across the globe is spiralling as price of energy rises due to a worldwide squeeze on supplies. In the UK, inflation has reached 5.5 per cent - its highest level in more than a decade - and it is predicted to get even higher over the course of 2022. This surge of inflation was originally expected to be transitory but some are now reassessing this.This week FTAdviser's special projects editor David Thorpe talks to a panel of investment specialists about investing at a time of surging inflation. He is joined by Paul Graig, senior portfolio manager at...
2022-02-1839 min
FTAdviser PodcastStephen Timms on pension freedoms, guidance and adviceThe work and pensions select committee has published a report on the five years of pension freedoms which found that savers needed more support to navigate the pension regime.Overall, the MPs found pension policy had revolved too much around pension pots rather than the individuals who were relying on this money for their later life security.The committee said the government and regulators needed to play a more active role than they did when the pension freedoms were first introduced to help guide savers.This week FTAdviser news editor Amy Austin talks t...
2022-02-1114 min
FTAdviser PodcastWill a risk-based FSCS levy become reality?The Financial Services Compensation Scheme levy may be one of the issues which most vexes advisers who run their own firms.Indeed the overall FSCS levy has increased in nominal terms from less than £300m in 2011-12 to an expected levy of £717m in 2021-22.The Financial Conduct Authority has accepted this situation is not ideal and it has admitted the burden of the levy has fallen on firms which have done nothing to bring about these liabilities.So now the regulator has set out plans to address this by tackling the root ca...
2022-01-2824 min
FTAdviser PodcastThe outlook for emerging markets in 2022As interest rates start to rise, the prospect of lockdowns recede into the past and global economies reopen, the high-growth nature of emerging markets may become particularly relevant.But investing in emerging markets is not without risk and this week, FTAdviser special projects editor David Thorpe is joined by Fahad Hassan, chief investment officer at Albermarle Street Partners, Gustoavo Medeiros, head of research at Ashmore, and Zehid Osmani, who runs the Martin Currie Global Long-term Unconstrained Equity fund, to discuss the outlook for these regions.They discuss whether above-trend economic growth will necessarily be positive...
2022-01-2133 min
FTAdviser PodcastHas the advice market reached peak M&A?2021 was a busy year for mergers and acquisitions in the financial advice market, with consolidation fueled by private equity money continuing apace.As well as the traditional consolidators, there is now a group of start-ups looking to build national financial advice businesses through acquisition.But how much longer can this go on for? This week FTAdviser reporter Sonia Rach joined by Louise Jeffreys of Gunner & Co and Heather Hopkins of NextWealth to find out.They discuss what is currently fueling the pace of M&A activity in the financial advice market, what might...
2022-01-1422 min
FTAdviser PodcastWhat does 2022 have in store for advisers?The start of 2022 has been an improvement on the start of 2021 - if nothing else because we can leave our homes.But last year was eventful despite the ongoing fallout of the Covid-19 pandemic. Consolidation activity continued at pace, with private equity continuing to play a major role, and last year's tax reforms will give advisers plenty to think about.So what does 2022 have in store for advisers this year? FTAdviser's digital editor Damian Fantato is joined by reporters Amy Austin, Ruby Hinchliffe, Sonia Rach and Sally Hickey to find out.They discuss...
2022-01-0733 min
FTAdviser PodcastHas a decade of robo-advice changed investing?It has been a decade since Nutmeg launched as the first major British robo-adviser and since then, many start-ups have entered this space with the intention of disrupting investing but not all have succeeded.After several years of many private equity-backed launches, the number of new robo-advisers being launched has dried up and, if anything, the space is contracting. UBS Smartwealth, Investec Click & Invest, Moo.la and Scalable Capital have all quit the UK retail market. And earlier this month Canadian robo-adviser Wealthsimple joined them, by selling its client book to focus on its North American arm.
2021-12-1732 min
FTAdviser PodcastTalking Point: Income for medium risk clientsThe collapse in bond yields and the dominance of stocks which pay little in the way of dividends has forced many medium risk investors to confront the dilemma of whether accept a lower yield or take on more risk.In this edition of the FTAdviser Podcast, sponsored by Schroders, special projects editor David Thorpe examines what these investors can do to square this circle.He is joined by Andrew Marsh, manager of the Artemis Income fund, Darius McDermott, investment adviser to the Chelsea multi-manager range, and Vincent McEntegart, manager of the Aegon Diversified Monthly Income...
2021-12-1534 min
FTAdviser PodcastWhy the risks of investing in bonds are even more 'one-sided' than normalThe return of inflation, low yields and the spread of the new Omicron variant of coronavirus have raised some awkward questions for bonds and their role in portoflios.Yield curves, often used by investors to gauge the market's expectations for growth, have been flattening recently which suggests there is widespread concern about the economic outlook.With quantitative easing coming to an end in the UK and the Federal Reserve announcing the end of tapering, what does this mean the the outlook for bonds?This week FTAdviser's special projects editor David Thorpe is joined...
2021-12-0337 min
FTAdviser PodcastThe future of responsible investment regulationThe FCA has pledged to introduce ESG rules for financial advisers, implementing a regime which would require intermediaries to take into account sustainability issues when advising clients.But what is the current regulatory situation? In this podcast sponsored by Royal London, FTAdviser special projects editor David Thorpe is joined by Ryan Medlock, senior investment development and technical manager at Royal London, and independent investment commentator Adrian Lowcock.They discuss the current regulatory environment for responsible investing, the direction of travel for the regulation of responsible investing and how Europe's SFDR regime is impacting investments....
2021-12-0124 min
FTAdviser PodcastDoes the CII's consultation face up to the future of financial planning?The Chartered Insurance Institute is currently running a consultation which, it says, will help it and its members adapt to the changing world of new technology, more demanding regulation and changing attitudes among consumers.It puts forward proposals about the membership career journey and how the CII's learning and assessment could evolve.But the proposals have sparked some degree of concern among chartered financial planners - particularly since they come so soon after the CII's attempt to deregister the Personal Finance Society earlier this year.This week FTAdviser's digital editor Damian Fantato talks...
2021-11-2623 min
FTAdviser PodcastThe wealth management industry cannot solve climate change on its ownThe wealth management industry cannot solve climate change on its own, and there were significant elements missing from the Cop26 agreement, said Eoin Murray, head of investment at Federated Hermes.Speaking on the latest edition of the FTAdviser podcast about the outcome from the Cop26 summit in Glasgow, Murray said the devil was in the detail of the agreement.“So much of it is promissory and that always makes me nervous,” he said. “We also need to bear in mind that we will never solve [climate issues] ourselves, as investors or as an industry, it always...
2021-11-1924 min
FTAdviser Podcast'Many bubbles will burst'the outlook for the economic recoveryThe highly unusual nature of the economic recession and recovery means there are likely to be a number of “bubbles burst” in the coming years, according to this week's FTAdviser Podcast.As the global economy seeks to recover from the Covid-19 pandemic, inflation is making a comeback and central banks are considering whether to increase interest rates.This week FTAdviser's special projects editor David Thorpe is joined by Simon King, chief investment officer at Vermeer Partners, Simon Edelsten, global equity fund manager at Artemis, and Steven Bell, chief economist at BMO Global Asset Management.Th...
2021-11-1235 min
FTAdviser PodcastInvesting in a time of stagflationRising inflation has prompted concerns that the UK economy is seeing the return of stagflation.Last seen in the 1970s, stagflation is characterised by stagnant growth and high inflation. The supply chain disruptions which led to fuel shortages in September and the looming rising cost of energy saw many draw parallels with the that era.Indeed, the Bank of England's new chief economist, Huw Pill, is predicting inflation is likely to hit, or even exceed 5% next year.This week David Thorpe, special projects editor at FTAdviser, is joined by Alan Higgins, UK chief...
2021-11-0535 min
FTAdviser PodcastAutumn Budget 2021: The 'tax avoidance' Budget?This week chancellor of the Exchequer Rishi Sunak hailed his second Budget of 2021 as heralding a "new age of optimism" as the UK seeks to leave the Covid-19 pandemic behind it.Are things that simple? On its surface, the Budget focused on reforming alcohol duty and business rates, and tinkering with air passenger duty, leaving many areas financial advisers might worry about unaddressed.But with rising inflation, a hike in national insurance already in the pipeline and many allowances frozen in Sunak's previous Budget, for the panellists on this week's podcast the chancellor was carrying...
2021-10-2925 min
FTAdviser PodcastWhat does the future hold for stamp duty?With the stamp duty holiday at an end and the Budget taking place next week, what does the future hold for stamp duty?Regularly referred to as the UK's "worst tax", stamp duty is regularly seen as in need of reform. But did the Covid-19 stamp duty holiday, which ended this month and saw receipts increase to £12.3bn, make reform any likelier?Hosted by Damian Fantato, digital editor at FTAdviser, this week's podcast explores what the future of the stamp duty land tax looks like, and how its future could impact the housing market. He i...
2021-10-2217 min
FTAdviser PodcastWhat role do providers have in plugging the advice gap?As long as there have been financial advisers, there has been debate about how to plug the advice gap.But research has found that some 39m people have never sought any professional advice or guidance for their finances, and one in five advisers won't serve someone with less than £100,000.So there is clearly a gap to be plugged, but does the plugging of it fall to advisers? What role do providers have? And do the rules around advice and guidance help providers support their clients?This week Damian Fantato, digital editor of FTAdviser, i...
2021-10-1526 min
FTAdviser PodcastWhat's going on in China?Markets have been going through a turbulent period in recent weeks and, in part, this has been down to events taking place in China.Chinese equities have lost 11 per cent over the past three months because of concerns about an ongoing regulatory crackdown in the country. But these worries have been exacerbated by the liquidity crisis facing property giant Evergrande. Both of these developments have combined and rippled through global markets.What does this mean for investors, emerging markets and portfolios?This week FTAdviser special projects editor David Thorpe is joined by Mark...
2021-10-0131 min
FTAdviser PodcastWhy Silicon Valley is the real threat, not ‘digital’ brokersConsolidation in the digital mortgage space has spiked in recent months as larger companies buy up the technology to service their own customer bases. Having attracted some hefty investments over the last year too - most notably the in August 2020, how much of a threat are these digital brokers?On this week's FTAdviser Podcast, reporter Ruby Hinchliffe is joined by Charlotte Nixon, mortgage adviser and protection proposition director at Quilter, and Billy Grimley, chief commercial officer at Smartr365.They discuss whether the rise of digital brokers is good for the mortgage industry, how big they...
2021-09-1030 min
FTAdviser PodcastHow central banks will dictate the UK's recoveryThe re-opening of pubs and shops, as well as the return of international travel, might make some think the Covid-19 pandemic is moving into history.But the economic impact of the pandemic, and its impact on markets, has not yet fully played out, with the Bank of England yet to raise interest rates from their rock bottom position at 0.1% and the future direction of inflation uncertain as the re-opening of the British economy distorts the picture.This week FTAdviser special projects editor David Thorpe talks to Job Curtis, manager of the City of London investment...
2021-09-0331 min
FTAdviser PodcastWhat role do academies have in the future of advice?The gap between those who need advice and those who can access it - the so-called 'advice gap' - is one of the long-standing conundrums the financial advice profession has faced.For some advice firms, the solution is to encourage more people into the profession to level out the supply and demand imbalance which has led to a surge in the number of advice academies being launched.So what role do these academies - many of which are associated with large, vertically integrated advice firms - have in the future of the advice profession? And...
2021-08-2736 min
FTAdviser PodcastThe pros and cons of social media for advisersLast month the Financial Conduct Authority warned that social media platforms were playing an increasing role in putting consumers at risk of harm through adverts for financial products and the rise of financial influencers - or "finfluencers".Advisers aren't immune either, with the regulator expressing concerns that the use of certain social media platforms by advisers wasn't always helping consumers.This week FTAdviser digital editor Damian Fantato is joined by Hugh Johnson, head of proposition delivery at Sanlam, and Alasdair Walker, managing director at HA&W, to discuss what advisers should do about this and...
2021-08-2021 min
FTAdviser PodcastLifestrategy at 10: has it changed advice?This year marks a decade since Vanguard's Lifestrategy range launched in the UK and to say the passive funds had proven popular would be to downplay the situation.The five multi-asset funds are now worth £29bn and earlier this year their monthly inflows hit £1bn.But Lifestrategy range, which costs just 22bps, isn't just popular with investors. Advisers have also flocked to the range over the course of the past decade, integrating it into their propositions. So, what effects has this had?This week FTAdviser digital editor Damian Fantato is joined by Graham Be...
2021-08-1331 min
FTAdviser PodcastWill the FCA's proposals fix the Financial Services Compensation Scheme levy?Last month the Financial Conduct Authority published its business plan for 2021-22, setting out how it plans to adapt itself to the "profound forces transforming the entire landscape of financial services". But what does this mean for financial advisers?The FCA has said it will be conducting a review into the scope and coverage of the Financial Services Compensation Scheme. Will this bring about the reform that advisers want? And what impact will the tougher approach on authorisations have?This week FTAdviser's digital editor Damian Fantato is joined by Tim Fassam, director of government relations...
2021-08-0625 min
FTAdviser PodcastLenders stand firm despite govt's 'change of heart' on claddingLast week the government announced a U-turn in its cladding guidance. It said leaseholders living in buildings under 18 metres tall would no longer need external wall application (EWS1) forms. Many leaseholders have found themselves “stuck” in properties deemed undesirable by lenders due to the risk of huge cladding removal bills - some estimated at as much as £70,000 - hanging over them.Now, high street lenders HSBC, Barclays, and Lloyds Banking Group have committed to reviewing their practices following the government’s new advice to “further unlock the housing market”.But why now? Will lenders really change thei...
2021-07-3031 min
FTAdviser PodcastHow to use pensions for intergenerational planningOver the next few decades it is estimated that trillions of pounds will pass from one generation to the next: primarily from baby-boomers, who have ridden the wave of rising asset prices to their millennial children, who haven't always been as lucky.But ever since the pension freedom reforms of 2015, the big worry many savers have had is how they can turn their pension savings into an income so they can enjoy themselves in retirement.So what role does the pension have in the intergenerational wealth transfer? How can advisers help their clients make sure...
2021-07-2626 min
FTAdviser PodcastHow M&G Wealth is using hybrid advice to growMany in the advice profession have debated the benefits of face-to-face versus digital advice for several years. But over the past 18 months, many advisers have been unable to offer face-to-face advice and many robo-advisers have retreated from the market after finding the market wasn't as big as they thought.So what does the future of advice look like? M&G Wealth, which is currently expanding into the advice market after launching last year, believes the answer is hybrid advice. But what does that mean, and can other advice firms imitate its approach.This week, Damian...
2021-07-2331 min
FTAdviser PodcastCapital gains tax reform & tax year changes: FTAdviser talks to the Office of Tax SimplificationOver the course of the past 18 months, the government has spent a lot of money to get the UK through the Covid-19 pandemic. But Rishi Sunak, the chancellor of the Exchequer, has made repeatedly clear that the bills we have racked up during this period will soon be coming due.This puts into sharper relief the debates around tax which have been rumbling on in the background for several years. Reforms to capital gains tax, inheritance tax and pensions tax relief are often discussed, but might they finally become reality?This week FTAdviser's digital editor...
2021-07-0921 min
FTAdviser PodcastWhere next for ESG?The year 2020 was a landmark one in lots of ways, including for ESG investing - if for no other reason than it finally put to bed the idea that you need to choose between investing ethically and investing for performance.But where next for ESG? In this podcast, sponsored by BMO Global Asset Management, FTAdviser digital editor Damian Fantato takes a look at what the future might hold for these mandates. He is joined by Keith Balmer and Simon Holmes, portfolio managers at BMO, and David Macdonald, founder of financial advice firm The Path.They...
2021-07-0736 min
FTAdviser PodcastWill private equity change platforms?Private equity interest in adviser platforms has continued to grow over the past year or so.Recently Novia, James Hay and Parmenion have all been bought by private equity firms and according to analysis by the Lang Cat, the proportion of platform assets owned by private equity has gone up from 2 per cent in 2016 to 15 per cent in 2021. Meanwhile life companies, which have traditionally owned platforms, have fallen from 55 per cent to 17 per cent over the same time period.So what does this mean for platforms and, by extension, advisers?This week FTAdviser...
2021-07-0238 min
FTAdviser PodcastTalking Point: Finding value in sustainable portfoliosThe steep rise in popularity of sustainable investment solutions has led to a similar rise in valuations in many of the qualifying asset classes.On top of this many of the companies which address environmental or social problems tend to be technology businesses - which are more attractive for their growth characteristics rather than for their value.In this special episode of the FTAdviser Podcast, sponsored by Schroders, special projects editor David Thorpe talks to a panel of experts about where to find value when constructing a sustainable investment portfolio.He is joined...
2021-06-3039 min
FTAdviser PodcastKeith Richards on his time at the PFS and what comes nextThis week the FTAdviser Podcast speaks to Keith Richards, the chief executive of the Personal Finance Society, who will be standing down at the end of this month after nearly nine years in the role.During this time he was involved in the Financial Advice Market Review process, he established the PFS's pro-bono advice schemes and helped set up the European Financial Planning Association.He joins FTAdviser digital editor Damian Fantato to discuss his time at the PFS and what comes next for the organisation and the advice profession.They discuss the FAMR...
2021-06-1823 min
FTAdviser PodcastHow the FCA's new duty of care might affect advisersThe Financial Conduct Authority has published proposals for what it calls a "new consumer duty" which it says will set clearer and higher expectations for firms' standards of care towards consumers.The regulator has said it is concerned about firms providing information which is misleading or difficult to understand, and products or services which don't represent value. It says it wants firms to ask themselves 'would I be happy if I were treated like this?' or 'would I recommend this service to my friends and family?'.This week FTAdviser digital editor Damian Fantato...
2021-06-0419 min
FTAdviser PodcastWill the FCA's plans to fix open-ended property funds work?Mark Carney, the former governor of the Bank of England, famously said open-ended funds which invest in illiquid assets are "built on a lie". This has been particularly evident with property funds, which have been forced to open and close themselves to redemptions repeatedly over the past few years, first in response to Brexit and then because of the coronavirus pandemic.To fix this this the Financial Conduct Authority has proposed a new type of fund: the long-term asset fund, which have "liquidity tools" which could include notice periods, deferred redemptions or limits on the amount of...
2021-05-2827 min
FTAdviser PodcastHow Biden's presidency is affecting global marketsJoe Biden has now marked more than 100 days of his term as President of the United States. While he has been a lot quieter on Twitter than his predecessor, that is not for a lack of activity.President Biden has signed a $1.9tn stimulus package, put together a $2tn package of infrastructure spending and unveiled a $1.8tn package of reforms on issues such as healthcare and labour laws.By common consensus, Biden is governing more radically than he campaigned. So what does this mean for investors and global markets?This week FTAdviser digital...
2021-05-2125 min
FTAdviser PodcastHow advisers can make the most of dataOne of the clichés of the 21st century is to say data is the new oil but, like a lot of clichés, there's a kernel of truth in there struggling to come out. Indeed companies like Facebook have turned data into an awful lot of money and an awful lot of controversy.But what does this mean for advisers? How can they put the data they hold to good use to improve the service they offer? And what are the pitfalls?This week FTAdviser digital editor Damian Fantato is joined by Nick Eatock, ch...
2021-05-1424 min
FTAdviser PodcastWhat's the future for income investing?Exceptionally low interest rates, a high level of economic uncertainty and elevated valuations across multiple asset classes have combined with the Covid-19 pandemic to make this a tricky time for all investors, but particularly for those looking for an income.Many companies cut their dividends as they faced the uncertainty of the pandemic, with Shell cutting its dividend for the first time since the Second World War. Overall, UK dividends fell by 54 per cent between April and June.This week FTAdviser special projects editor David Thorpe examines what this means for investors and how they ca...
2021-05-0723 min
FTAdviser PodcastShould the FCA scrap the 10% drop rule?Earlier this year the Financial Conduct Authority announced plans to review the controversial 10 per cent drop rule, which was introduced by Mifid II in 2018 and means clients must be informed when their portfolios drop by 10 per cent or more.The rule has been suspended since the beginning of the Covid-19 pandemic due to increased market volatility, a suspension which the FCA has said will continue until the end of 2021.But now the UK has left the European Union, what should the FCA do about this rule following its review? Should the rule be scrapped completely...
2021-04-2321 min
FTAdviser PodcastFAMR five years on - can the advice gap be closed?Last month marked five years since the final report of the Financial Advice Market Review was published.The review was commissioned by HM Treasury to find measures to close the advice gap and enable the development of affordable and accessible financial advice - but in the five years since not much has changed and by some measures the advice gap has actually grown. And earlier this year the government was forced to admit one of the measures introduced following the review - the pensions advice allowance - was not working and would be reviewed.This...
2021-04-1631 min
FTAdviser PodcastCan the protection gap for Generation Rent be closed?Since 2007, the number of private-rented households has grown by 60% as house prices have soared but incomes stagnated following the financial crisis.This growing cohort of renters has become known as 'Generation Rent', but what does this mean for the protection market?Homeowners across the UK are already underprotected and renters even more so, but since protection is traditionally sold at the point of a house purchase, what does the decline of home-ownership mean for consumers, brokers and insurers?This week, FTAdviser deputy features editor Ima Jackson-Obot discusses this, and how the protection gap f...
2021-04-0936 min
FTAdviser PodcastTax day: The difficult second albumLast week HM Treasury published a raft of consultations into tax policy, in a follow-up to the Budget which was branded 'tax day'.But like many sequels, it didn't quite live up to the hype. While some were anticipating changes to inheritance tax and capital gains tax - and there were even rumours of significant reform to pensions tax relief - in reality most of the Treasury's proposals were administrative in nature.This week FTAdviser's digital editor Damian Fantato is joined by Claire Trott, head of pensions strategy at Technical Connection, and Chris Etherington, private...
2021-04-0126 min
FTAdviser PodcastFTAdviser talks to the pensions ministerThe role of pensions minister tends to change hands regularly but since his appointment in 2017 Guy Opperman has become the second-longest serving person in that position - second to Sir Steve Webb.Earlier this year he guided the Pensions Act into law, which included long-awaited rules around pension dashboards, collective defined contribution schemes, and new powers for The Pensions Regulator.This week FTAdviser's pensions reporter Amy Austin has a chat with Opperman about the plans to reassess the pensions advice allowance, the dwindling supply of defined benefit pension transfer advice and his work cracking down...
2021-03-2622 min
FTAdviser PodcastTalking Point: The outlook for UK companiesThe past few years have been a turbulent one for British companies, with the Brexit negotiations followed by coronavirus lockdowns. And the UK is often caricatured as home to big financial services or commodities companies - many of which face structural challenges - but not to tech start-ups. But what opportunities are there in the UK?In this special edition of the FTAdviser Podcast, sponsored by Schroders, FTAdviser digital editor Damian Fantato examines what the outlook is for UK listed companies.He is joined by Paul Lamacraft, senior investment director at Schroders, Pieter Fourie, head...
2021-03-2428 min
FTAdviser PodcastA year of coronavirus: what have advisers learnt?Exactly a year ago, prime minister Boris Johnson began placing the UK into lockdown, closing pubs, cafes and restaurants as the coronavirus pandemic took hold. A few days later he would tell the UK population to stay at home.A year on from these dramatic events, many advisers have changed the way they run their businesses and meet their clients. On this week's podcast, FTAdviser digital editor Damian Fantato talks to three firms of different sizes about how they have coped and what they have learnt.He is joined by Lee Hartley, chief executive of...
2021-03-1941 min
FTAdviser PodcastHas Rishi Sunak done enough to help 'generation rent'?Last week chancellor of the exchequer Rishi Sunak announced an extension to the stamp duty holiday and a government guarantee scheme to encourage lenders to start offering high loan-to-value mortgages again, after the disruption of the Covid-19 pandemic.This week Damian Fantato, digital editor of FTAdviser, is joined by Danny Belton, head of lender relationships at Legal & General Mortgage Club, and David Hollingworth, associate director at L&C Mortgages, to discuss whether this is enough to help turn 'generation rent' into 'generation buy'.They discuss whether Sunak's proposals will have their intended effect, whether the...
2021-03-1223 min
FTAdviser PodcastBudget 2021: The big freeze?This week chancellor of the exchequer Rishi Sunak his second Budget as the rollout of the coronavirus vaccine across the UK gives hope of a return to some degree of normality over the summer.Despite unveiling plenty of schemes to demonstrate how much he was investing in the UK economy, Sunak made clear that the bills racked up during the pandemic would soon be coming due.This meant several revenue-raising initiatives were announces, including an increase in corporation tax, frozen thresholds on income tax and capital gains tax and a frozen lifetime allowance on pensions...
2021-03-0524 min
FTAdviser PodcastHas Covid-19 killed off property's role in portfolios?Over the past year working from home as gone from being a niche lifestyle, to something workers up and down the UK are doing every day. Offices across the UK are empty, along with bars, restaurants and other hospitality premises. And on top of this many are shopping from the comfort of their own sofas.But what does this mean for investors in commercial property and for those using it as a diversifier in a portfolio? This week FTAdviser special projects editor David Thorpe discusses this issue with David Jane, multi-asset fund manager at Premier Miton Investors...
2021-02-2631 min
FTAdviser PodcastLaunching an advice firm during a pandemicAttempting to launch a new financial advice firm is tricky at the best of times, but doing it during a global pandemic - amid lockdowns and social distancing - might be another level of challenge. And that's before you take into account the economic uncertainty which 2020 saw.But this week on the FTAdviser Podcast, reporter Rachel Mortimer talks to two advisers who did just that. Joining her to discuss how they launched their firms during 2020 are Alister Gaines, a chartered financial planner at Akrivis Wealth, and Kat Tymon, director of Mansfield Money. They are joined by Heather...
2021-02-0526 min
FTAdviser PodcastWhy is the FCA unhappy about advice fees?Last month the Financial Conduct Authority published its review of the financial advice market post-RDR and FAMR, in which it raised concern about the lack of competitive pressure advisers face, as well as "significant" clustering of fees which, the regulator said, suggested the advice market was not "well-functioning".This week FTAdviser's digital editor Damian Fantato is joined by Tim Fassam, director of government relations and policy at adviser trade body Pimfa, and Alasdair Walker, a chartered financial planner and managing director of HA&W to discuss what this means for advisers.They discuss how advisers...
2021-01-2934 min
FTAdviser PodcastShould advisers expect more inflation in 2021?One of the side effects of the coronavirus pandemic, and the lockdowns which have been introduced to curb the spread of the virus, has been low inflation. During 2020 inflation reached its lowest point for five years and since April 2020 it has only once gone above 1 per cent. But as vaccines are rolled out and the prospect of a return to normality looms larger, what can advisers expect during 2021? FTAdviser special projects editor David Thorpe talks to Phil Smeaton, chief investment officer at Sanlam, Gerard Lyons, chief economic strategist at Netwealth and Simon Edelsten, fund manager at Artemis, to discuss...
2021-01-2239 min
FTAdviser PodcastHelping clients get into the savings habitA lack of good financial education has often been cited as the reason for people's financial ill-preparedness.So, in 2021, how can advisers encourage their clients - and their client's young children - to form good money habits?Furthermore, if education about managing one's finances begins at school or even younger, what sort of helpful tips might advisers share with clients to help them get their own children off to a flying start?Speaking to Simoney Kyriakou, senior editor for FTAdviser, about these issues and more on the FTAdviser podcast, is Jason Green, head...
2021-01-1534 min
FTAdviser PodcastWhat 2021 has in store for advisersIn the first episode of 2021, FTAdviser digital editor Damian Fantato is joined by reporters Imogen Tew, Rachel Mortimer, Chloe Cheung and Amy Austin to discuss what the upcoming year might have in store for financial advisers.First Damian and Imogen discuss property funds and the impact the Financial Conduct Authority's new rules might have, as well as continuing M&A activity in the platform space and an outlook for the year ahead.Then Rachel considers whether the coronavirus pandemic has had an impact on M&A in the advice market and what the FCA is...
2021-01-0822 min
FTAdviser PodcastWhat advisers can learn from 2020Few people will look back fondly on 2020, but amid the panic and the pandemic there were many important lessons - both personal and financial.Joining Simoney Kyriakou, editor of Financial Adviser, on the final FTAdviser Podcast of 2020 are four panellists from a cross-section of the financial services industry: pensions, protection, mortgages and investments.They talk about the way in which their sectors have reacted to and met the challenges of 2020, and what lessons consumers and market practitioners can learn from this year and take into 2021.The panellists are: Kathryn Knowles, managing director of...
2020-12-1834 min
FTAdviser PodcastAre we all ESG investors now?Environmental, social and governance Factors are being applied across preexisting portfolios and new funds and trackers are being created along ESG lines.But how far do the E, the S and the G go in determining what is a good investment, and what is merely a good ambition?What really makes it worthwhile for an adviser or investor in interrogating what the ESG credentials of a fund or stock really are?Joining Simoney Kyriakou, editor of Financial Adviser on the FTAdviser Podcast to discuss these issues are: Adam Robbins, senior investor relationship manager...
2020-11-1327 min
FTAdviser PodcastTalking Point: The UK OutlookWhile negativity about the economy haunts the valuations at which most UK equities trade, there are opportunities further down the market cap scale, according to the guests on the latest FTAdviser podcast.This edition of the Talking Point podcast, sponsored by Schroders, saw special projects editor David Thorpe joined by Hugh Gimber, global market strategist at JP Morgan Asset Management, Bill Casey and Nick Kissack, from the UK equity team at Schroders and Duncan McInness of Ruffer to discuss the outlook for the UK market.They also discussed whether the high levels of government debt...
2020-11-1136 min
FTAdviser PodcastWhat the US election means for investorsWhile politicians and lawyers argue over the results of the US presidential election, investors thoughts are already turning to what this wrangling is likely to mean for markets in the medium and long term. In this edition of the FTAdviser podcast, special projects editor David Thorpe is joined by Mikhail Zverev, head of global equities at Aviva Investors, Jeremy Thomas, head of global equities at Sarasin, and Ed Smith, head of asset allocation research at Rathbones, to discuss what the election means for markets in 2020 and beyond.They discussed the impact of the results - w...
2020-11-0644 min
FTAdviser PodcastWhat the dividend drought means for income investorsThe level of dividends available from equities may have been reduced both by the pandemic and structural changes, but investors' angst is likely to be temporary, according to the guests on the latest FTAdviser podcast.Special projects editor David Thorpe was joined by Graham Bishop, chief investment officer at Hartwood, Sam Witherow of JP Morgan Asset Management, and David Keir, global equity fund manager at Saracen to discuss whether inventors would still be able to rely on equity for income.They also discussed whether investors faced a choice, between investing in the few global companies...
2020-10-3037 min
FTAdviser PodcastWhat made a top financial advice firm in 2020?FTAdviser has published the 2020 edition of its Top 100 Financial Advisers, ranking the top firms in the UK, and this week digital editor Damian Fantato spoke to two firms in the top 10 about how they had managed their way through this unusual year and how they had continued to grow.He was joined by Henry Denne, head of financial planning at Punter Southall, and Scott Stevens, head of recruitment and acquisitions at Quilter.They discussed which factors a financial advice firm would have needed to have to get through 2020 successfully and how they had managed to...
2020-10-2343 min
FTAdviser PodcastHow to succession-proof your advice firmThousands of younger people in Britain will suddenly come into a lot of money, and they will need help in investing it tax-efficiently and in line with their ethics and values.But if your clients are happy to recommend you to their children and grandchildren, what measures have you put in place to make sure that the advice journey these younger clients start with you will also end with your firm? Will they stay the course or jump ship?And how can you make sure that you capture that audience in that first place? Tim F...
2020-10-1634 min
FTAdviser PodcastHow to bring down the cost of regulation for advisersFixing regulatory fees is an urgent issue - but only part of the problem, according to guests on the latest FTAdviser Podcast. The entire system of financial regulation in the UK is "broken" and needs to be fixed with a wholesale, root-and-branch review of the retail financial market and the advisers who serve consumers in this space.Joining Simoney Kyriakou, editor of Financial Adviser, to discuss the issues on this podcast are Gemma Harle, managing director of Quilter Financial Planning, Rob Sinclair, chief executive of the Association of Mortgage Intermediaries; Tim Fassam, director of government re...
2020-10-0244 min
FTAdviser PodcastWhy the FCA's guidance on vulnerable clients doesn't help advisersThe coronavirus pandemic has highlighted the complexities of working with vulnerable clients, as so many people find themselves coping with anxieties about health and the economy. Last month the Financial Conduct Authority published guidance on vulnerable clients, but what does this mean for advisers? And what can advisers learn about vulnerable clients from the past six months?FTAdviser's digital editor Damian Fantato is joined by Pimfa's senior policy adviser Alex Roberts and Claudia Clay, director of risk and regulation at advice firm The Private Office. They discuss whether it's possible to meet the FCA's guidance on vulnerable...
2020-09-0438 min
FTAdviser PodcastCentral bank action 'challenges building blocks' of portfoliosAction taken by central banks during the coronavirus crisis "challenges the fundamental building blocks" of diversification and balanced portfolios, according to the guests on the latest episode of the FTAdviser Podcast.FTAdviser's special projects editor David Thorpe was joined by Iain Stealey, chief investment officer for international fixed income at JP Morgan Asset Management, James Klempster, investment director at Momentum Global Investment Management, and Alex Chartres, who jointly runs the Ruffer Total Return fund, to discuss the state of the fixed income market.They discussed the effects on correlation and diversification of action by central...
2020-06-2627 min
FTAdviser PodcastHow coronavirus has affected PI insuranceAs the national lockdown continues the latest socially-distanced edition of the FTAdviser Podcast looks at the impact of the coronavirus on advisers as individuals, businesses and as part of a wider industry. We also hear about the knock-on-effect the pandemic has had on an already hardened professional indemnity insurance market. Rachel Mortimer, senior reporter at FTAdviser, discusses 85-year-old "Zooming" clients and how advisers have responded to the logistical and financial challenges of the pandemic with Keith Richards, chief executive of the Personal Finance Society. The FTAdviser Podcast is the weekly podcast for financial advisers brought to you by FTAdviser.com. Ho...
2020-05-0712 min
FTAdviser PodcastHow coronavirus will change advice firmsAs advisers get used to working from home, the latest socially-distanced edition of the FTAdviser Podcast looks at how this could affect the service they offer and how advisers can turn it into a positive by working on their business rather than just in it. Damian Fantato, digital editor of FTAdviser, discusses video calls, paperless processes and where this will lead with Adam Owen, president of the Personal Finance Society and director of NextGen Planners, and Alasdair Walker, a chartered financial planner at Handford Aitkenhead & Walker. The FTAdviser Podcast is the weekly podcast for financial advisers brought to you by...
2020-04-0324 min
FTAdviser PodcastCoronavirus: Financial planning norms 'out the window'This week many advisers - and the journalists at FTAdviser - started working from home as Covid-19 spread across the globe. But working patterns weren't the only thing affected. Markets were sent tumbling, prompting unprecedented action by the Bank of England and HM Treasury. Imogen Tew, investment reporter at FTAdviser, looks into how advisers have been affected by this with Mike Barrett of the Lang Cat consultancy firm and Steve Kenny of Square Mile Investment Consulting & Research. The FTAdviser Podcast is the weekly podcast for financial advisers brought to you by FTAdviser.com. Hosted on Acast. See acast.com...
2020-03-2019 min
FTAdviser PodcastEffect of pension freedoms not yet knownThe FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser.com. In this week's episode Tom Selby, senior analyst at AJ Bell, and Krupesh Kotecha, financial planner at Balance Wealth Planning, discuss what impact pension freedoms have had on the industry and consumers five years on, as well as how advisers have benefited from this rule change.Each week, FTAdviser is be joined by guests from the industry to discuss the week in news and pressing industry issues.To listen to the full podcast, click on the link...
2020-02-1419 min
FTAdviser PodcastConsolidators to dominate the platform marketThe FTAdviser Podcast is the weekly podcast for financial advisers brought to you by FTAdviser.com.In this week's episode, Ben Hammond, platform director at Altus, and Mark Till, managing director for digital solutions at Aegon, discuss the future of the platform industry, as many players struggle for profitability and inflows become harder to attract.Each week, FTAdviser will be joined by a guest from the industry to discuss the week in news and pressing industry issues.FTAdviser's podcasts are available on Acast and are also now available to download...
2020-01-2420 min
FTAdviser PodcastWhat do the Conservatives have planned for pensions?The FTAdviser Podcast is the weekly podcast for financial advisers brought to you by FTAdviser.com. In this week's episode Steven Cameron, pensions director at Aegon, and John Hill, a chartered financial planner at Saunderson House, discuss what the Conservative government has in store for pensions over the coming year – from changes to auto-enrolment thresholds and tax relief, to the possibility of scrapping the tapered annual allowance.Each week, FTAdviser will be joined by a guest from the industry to discuss the week in news and pressing industry issues.FTAdviser's podcasts are available on...
2020-01-1720 min