A new challenge for advisers – AI search. Consultancy Studio Baggio.ai suggests that advisers are not faring as well as they might be as AI comes to dominate search.
As Professional Adviser reports - some UK top advice firms invisible to AI platforms – research. The consultancy specifies that 93 of 150 were not mentioned.
Worth a read of the original report for advisers who see search as an important part of marketing.
Last week, FOS confirmed that the first of its reforms would come in at the start of October. This is FTAdviser’s take - Fos expands powers to dismiss complaints in redress overhaul.
This is the first part of an ongoing package which will eventually include a pre-registration stage, differential charges including for CMCs and lawyers helping people take complaints and a 10 year longstop, but some of these require legislation or at least consultation.
Self-invested personal pensions could play a role in expanding investor interest in private markets, according to research from Wealth Club. FTAdviser reports.
A study found that 85 per cent of private market fund managers believe increasing access to private market investments through Sipps will have a positive impact on investor participation over the next five years.
Obviously not an adviser view, which would be interesting to see in comparison.
Aviva has reported a 24% increase in group operating profit to £1.326bn for the first half of 2026, driven by strong growth across its wealth, general insurance, and retirement divisions, as Money Marketing reports. The acquisition and integration of Direct Line is also credited. Interesting to see business booming in a ‘traditional’ sector of such importance to retail financial services.
