FT Adviser

Last week, St James’s Place announced it was scrapping exit fees for the vast majority of new investment bonds and pensions as part of an overhaul of its charging structure.

The firm said there would be a revised charging structure for new investment bonds and pensions which will operate with an initial charge and ongoing charges but without any early withdrawal charges.

In addition, charges across all its wrappers, which have historically been disclosed primarily on an all-inclusive basis, will be separated into component parts. 

It’s no surprise that the FTSE 100 has often been scrutinised for its fees so this was largely welcomed by the industry but had many questioning why now?

FTAdviser deputy news editor Sonia Rach talks to Alison Gay, senior public affairs consultant at the Lang Cat and Matthew Connell, director of policy and public affairs at the Chartered Insurance Institute on the impact of the consumer duty on fees and other areas in the industry.

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.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

The ESG fixed income market has seen impressive growth since its establishment more than a decade ago, but more recently performance has been lacking. In this CPD podcast we speak to fund managers Kris Atkinson and Stuart Chilvers, and adviser Minesh Patel about how they navigate the current market and where the future opportunities lie.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

Amy Austin, news editor at FTAdviser speaks to Ben Hammond, consulting director at the Lang Cat and Verona Kenny, Managing Director of Intermediary at 7IM, about the FCA's letter to platform CEOs.

They discuss the FCA's issues around fees, unstable technology and long transfer times.

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.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

Earlier this year the Department for Work and Pensions said it will work to encourage consolidation to solve the problem of small pension pots. But pensions minister Laura Trott said the longer-term solution to this issue would be to move to an Australian-style "pot for life" system.

Amy Austin, news editor at FTAdviser speaks to Tom Selby, head of retirement policy at AJ Bell and Kate Smith, head of pensions at Aegon, about the small pots issue, what government could do to resolve it and whether a "pot for life" is a workable option.

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.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

On this episode of the FTAdviser In Focus podcast we speak to mortgage advisers about whether or not it makes sense to invest in green home improvements. They all agree the idea of greener homes is a great one but there are various issues in the way they are currently funded that raise concerns.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

Over the previous years and during lockdown, we saw a flurry of activity and a surge in the number of start-up consolidators popping up, as well as a lot of private equity deals.

But this last year it has felt like a bit more of a slow down.

This week, FTAdviser's deputy news editor Sonia Rach talks to Louise Jeffreys, managing director at Gunner and Co and Paul Morrish, founder at Succession Wealth, on the state of the seller market. 

They discuss everything from what has been driving the business of this market, how the landscape for acquirers of IFA businesses has changed - if at all - and what we can expect to see.

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.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

FTAdviser speaks to Brendan Frazier, founder of Wired Planning, psychologist Dr Moira Somers, and Kusal Ariyawansa, adviser at Appleton Gerrard, about the best way to hold client discovery meetings, after their panel discussion at today's CISI conference.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

FTAdviser speaks to Josh Butten, director of financial planning firm Boosst, and Jon Doyle, founder of Juniper Wealth Management, about the future of adviser technology, straight after their session with Ian McKenna at today's CISI conference.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

Earlier this month the Financial Conduct Authority published the results of its review into lifetime mortgage advice, concluding it was "disappointed" by what it found.

One of the overarching conclusions the FCA reached is that there were many examples of advisers steering outcomes in favour of a lifetime mortgage and failing to discuss alternatives. In short, if you went to an adviser to ask about a lifetime mortgage, you were likely to end up being recommended a lifetime mortgage regardless of your circumstances.

This week FTAdviser deputy editor Damian Fantato is joined by Kelly Melville-Kelly, head of policy and compliance at the Equity Release Council, and Simon Chalk, managing director of Later Living Now, to discuss whether this is a fair characterisation of the sector.

They also discuss whether the model for providing equity release advice needs to change and move away from commission.

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.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.

It has been argued that financial planning and financial advice could be split so that planning on its own could allow financial planners to focus on less wealthy and younger clients who are happy to DIY invest.

Amy Austin, news editor at FTAdviser speaks to Steve Conley, founder of the Academy of Life Planning and Sam Tate, co-founder & director of New World Financial Group about the pros and cons of doing so.

The FTAdviser Podcast is designed to inform regulated UK advisers on a range of topics, covering investments, pensions, regulation and other key issues.

Hosted on Acast. See acast.com/privacy for more information.