It does feel as if there is news about the economy and sometimes news about the adviser sector. It is not, in fairness, a case of never-the-twain-shall-meet but sometimes they feel separate.
Much of this may well be because advisers have actually protected their clients from the strings and arrows of outrageous fortune. A little due to the trade websites not asking enough questions about it.
Increasingly advisers must be having to deal with calls for at least a little more income from their older clients and some pain from younger ones, while there must also be a big block of clients who can cope.
FTAdviser has begun to discuss at least some of this with this article headlined ‘In the bleak midwinter’. The energy cap is rising to £3,549 from October 1st amid discussion of energy bills forecast to reach £7,700 average from next year.
At least, long-standing adviser/business owner Carl Lamb discusses his concerns for the squeezed middle in the current economic climate.
In other news, Fundment has partnered up with cashflow tool CashCalc to integrate the software and, it says, help advisers save time.
Mortgage brokers tell Financial Adviser they have noted an uptick in down valuations across the country, with lenders and surveyors in London knocking off as much as £150,000 from properties' asking prices.
AJ Bell’s pension expert Rachel Vahey considers solutions to the NHS pension situation blamed by doctors’ representatives for the loss of staff and a failure to re-recruit them.
M&G Wealth has announced that Tim Sargisson, CEO of IFA firm Sandringham Partners, is set to leave early next year.
Sargisson has been CEO of the Huddersfield-based IFA firm since 2015 and led the acquisition of the business by M&G at the start of this year.
Often the way.
Tom Nelson, co-portfolio manager of the firm's Energy and Natural Resources strategies says that a windfall tax is not the way ahead.
A fair point on behalf of his investors. Others might cite Mandy Rice-Davies.