Our regular round-up of the latest insights on investment distribution
Model portfolios: regulatory responsibility, MiFID II and fees and charges
Some advisers claim that outsourcing investment selection reduces risk and the requirement to give suitable advice. We think that is wrong. Today I’ll make the case that regulatory responsibility sits with the adviser. I’ll also tackle MiFID II and the new duty to...
Heather Hopkins 28 July 2017
Retirement income: Is it time to change the conversation?
When I imagine my twilight years, I am not sitting in a cramped flat watching ‘Homes under the Hammer’. Rather I am making that once-in-a lifetime trip on the Trans-Siberian Express all the way to Vladivostok (this may just be me…?). But is retirement...
Miranda Seath 21 July 2017
Ten of our favourite nuggets of data from recent Platforum research
This week Heather Hopkins (@heatherahopkins), Head of Platforum, shares ten of our favourite stats from recent Platforum (@theplatforum) research. To help us ease into the weekend and because we all have enough to read (my pile includes this week’s 122 page FCA...
Heather Hopkins 17 July 2017
Keeping up with the consumer – the future of financial advice is AI
We may hit peak oil before 2020 after which production goes into terminal decline. At the D2C & Digital Investing conference last week, it was suggested by Econsultancy founder, Ashley Friedlein, that we have already hit peak CDO – the point at which the Chief...
Jeremy Fawcett 07 July 2017
Asset Management Market Study Final Report: damp squib or industry fireworks?
Asset managers' profits are too high according to the FCA. That's the clear message in the Asset Management Market Study Final Report that the regulator published this week. The question is will their proposals make much of a difference? At Platforum’s D2C &...
Danby Bloch 30 June 2017
What the robots have got wrong – and what they ought do
“Simple fees,” boasts one robo proposition, “And certainly no hidden charges.” Says another: “Straightforward. How fees should be.” A third exclaims: “Fees with nothing to hide.” But I believe the bots have a few loose screws. When you think more about the market,...
Heather Hopkins 23 June 2017