Decumulation is risky for clients and advisers
Author: Clive Waller | Posted: December 5 2018
I make no apologies for revisiting decumulation and challenging the current model. It is risky for clients and advisers ...
Read moreAuthor: Clive Waller | Posted: December 5 2018
I make no apologies for revisiting decumulation and challenging the current model. It is risky for clients and advisers ...
Read moreAuthor: Clive Waller | Posted: December 3 2018
There has been a great deal of regulation on the issue of suitability. Layer upon layer of rules addressing it have increased the cost of running a business and the appalling level of paperwork clients are assaulted with...
Read moreAuthor: Clive Waller | Posted: October 2 2018
Regulatory issues around advice versus guidance and suitability create problems for digital platforms but digitalisation will march forward regardless...
Read moreAuthor: Clive Waller | Posted: August 2 2018
I have been a huge fan of cashflow modelling since the days you could write it on a fag packet. I have argued that advisers who do not follow this practice are not doing their job. Yet I am now becoming disillusioned...
Read moreAuthor: Clive Waller | Posted: June 7 2018
There are still some in financial planning that deny the advance of technology. Or, more to the point, that radical change will occur. Thankfully, they are a minority...
Read moreAuthor: Clive Waller | Posted: April 10 2018
The rules of the RDR were made too tight for many firms to remain independent, especially larger ones...
Read moreAuthor: Clive Waller | Posted: February 12 2018
I have worked in retail financial services for longer than I care to confess, and I have never been bored because of the rate of change throughout...
Read moreAuthor: Clive Waller | Posted: August 17 2017
Back in 2003, we conducted a piece of work for JP Morgan FundsHub. The work was set out by the estimable David Moffat, then their marketing director...
Read moreAuthor: Clive Waller | Posted: October 28 2015
Over the years we have heard debates in many professions, industries and trades on transparency versus opacity; disclosure versus non-disclosure; overt versus covert. I cannot remember a single occasion when the media or court of public opinion found for the ...
Read moreAuthor: Clive Waller | Posted: May 12 2015
Ours is a wonderful industry for using terminology that confuses the professionals let alone the customers. You know what I mean, basis points instead of per centages, asset managers instead of fund managers and my favourite, government paper for Gilt ...
Read moreAuthor: Clive Waller | Posted: December 2 2014
This morning, I read an excellent piece in NMA where Alan Higham said that MAS needs to carry out an independent audit of the advisers listed on its planned retirement advice directory. Whether it is an audit or some form ...
Read moreAuthor: Clive Waller | Posted: July 25 2014
I am not an adviser; I do not want to be an adviser; quite frankly, I haven't got the balls to be an adviser. Pre-FSA 1986, I ran a nicely profitable consultancy, largely in group pensions with some individual work ...
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