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28 Apr 2020
When talking to our clients at the moment they fall into two camps- one for whom the dispersion of staff to a home office environment was a long way down the scenarios on their BCP, and therefore they are having to revamp their world to adapt to the dispersed workforce, and those that see this as an opportunity to “go digital”. I shall return to ...
06 Feb 2018
The world of financial planning and wealth management has been heavily impacted by technology. The advent of mobile devices and cloud computing has ushered a more scientific and mathematical approach to financial planning. This is now within the reach of not only large firms, but also smaller independent advisors. This is also now within the reach...
09 Feb 2015
Conduct Risk- Boring? Just another FCA fad? The concept of ‘conduct risk’ was first aired in 2011 in the then Financial Services Authority’s Retail Conduct Outlook. It was described there as “the risk that firm behaviour will result in poor outcomes for customers”. More recently, the 2013 FCA Retail Conduct Outlook discussed the concept at great l...
01 Sep 2014
“There can be no disparity in marriage like unsuitability of mind and purpose.” ― Charles Dickens, David Copperfield The Financial Conduct Authority (FCA) requires all wealth managers to demonstrate that they have taken reasonable steps to ensure that any personal recommendation is suitable for their client. This means they must have obtained e...