• About
  • Events
  • News
  • Newsletter
Adviser Home
  • CPD Centre
  • Development Solutions
    • AXA Investment Managers
    • Momentum Global Investment Management
    • Tacit Investment Management
    • Aegon Corporate Protection
    • Tax Planning Support
    • Outsourced Investments
    • Orbis Invest Differently
    • FundsNetwork
    • Brooks Macdonald
    • Aegon - Supporting financial advice
    • Tax Planning Investments
  • Resources
    • Technical
      • BPR due diligence video
      • Investment Planning; November inflation numbers and more.
      • Investment planning; global dividend payments, RPI Calculation and more.
      • Financial planning considerations around Pensions, Investment Accounts and ISAs
    • Regulation
      • Money Marketing - Implementing the Consumer Duty
      • Manak Solicitors - A guide to debt relief orders
      • Citywire - Podcast: Consumer Duty rules more important than RDR
      • FCA - Changes to LIBOR as of end-2021
      • Pictet Asset Management - Geoengineering solutions to climate change
      • Pictet Asset Management - ESG in Practice series: Cédric Lecamp on engagement in the Water strategy
      • Objectway OWIN Talk S02E03: Top drivers and main challenges in ESG adoption
      • THE WEALTH MOSAIC - WealthTech Talks: Wealth Managers, ESG and the Role of Technology
      • Citywire & AXA IM - ESG & Me: Europe
      • Q121 Business Relief Quarterly Update: What’s the score with Business Relief and excepted cash assets?
      • Financial Conduct Authority - CP21/18: Enhancing climate-related disclosures by standard listed companies
      • Financial Conduct Authority - CP21/17: Enhancing climate-related disclosures by asset managers, life insurers and FCA-regulated pension providers
      • Financial Conduct Authority - FG21/1 Guidance for firms on the fair treatment of vulnerable customers
      • FCA’s expectations on financial resilience for FCA solo-regulated firms – statement update
      • An honest view of ESG: Matthew Jellicoe
      • ESG Viewpoint: Coal's Uncertain Future
      • How to combat pensions scams
      • How the Pension Schemes Act will affect your clients
      • IFAs and regulators must focus on drawdown underspending
      • How Will Regulatory Changes Impact ESG?
      • What the US election result could mean for markets
      • The Money Marketing Podcast: US Election Special
      • A guide to ESG and responsible investing
      • Is ESG for the money or the morals?
      • Inducements - what's in and what's out?
      • Investment scams booklet
      • The role of stewardship in ESG
      • The performance review: We put 10 ESG UK equity funds under the microscope
      • Are DFMs meeting the ESG challenge?
      • Increases to the state pension and lifetime allowance
      • Pensions & ESG – the DWP strikes back
      • FCA focus on ‘sustainable finance’ set to increase
      • An asset class growing in popularity: What advisers need to know about peer-to-peer lending
      • A practical guide to Pension Transfers from defined benefit to defined contribution
      • How to manage your CPD
      • What do high UK government debt levels mean?
      • Next state pension age review must assess Covid-19 factor
    • Marketing
      • The Yardstick Agency - Harness LinkedIn’s power with these 6 practical ideas from our favourite experts.
      • The Yardstick Agency - Are brochures still relevant in 2022?
      • The Yardstick Agency - Comment. Like. Share. Why most LinkedIn users choose the wrong option
      • Faith Liversedge: How to convert clients to your ongoing service
      • FTAdviser - Guide to the future of advice
      • The Yardstick Agency - 4 things you should never leave off your website’s fees page
      • Money Marketing - Podcast: Do we expect more for less from advisers?
      • AdviceBridge - The figures don’t lie: Why advice firms must provide all three engagement channels (adviser, digital, and hybrid) for all client types
      • Personal Finance Society - What It Means to Tell a Good Story About Your Business
      • The Yardstick Agency - 3 simple changes every adviser and planner can make now to get more referrals
      • The Yardstick Agency - 6 occasions when being too cautious will damage your marketing
      • Objectway OWIN Talk S03E04: Hyper-Personalization in the context of investor risk profiling
      • Objectway OWIN Talk S04E01 - Client Experience: a digital journey that is achievable
      • Objectway OWIN Talk S04E02: Use digital change to improve the 'WOW factor' for clients
      • Objectway OWIN Talk S04E03: Has the pandemic accelerated adoption of new technology in wealth management firms?
      • Objectway OWIN Talk S04E04: Treat different people differently
      • Objectway OWIN Talk S04E05: Are you managing wealth or client experience? Pt.1
      • Objectway OWIN Talk S04E06: Are you managing wealth or client experience? Pt.2
      • THE WEALTH MOSAIC - WealthTech Talks: Getting the most out of data in wealth management
      • Harvard Business Review - Marketing in the Age of Resistance
      • Backlinko - WE ANALYZED 11.8 MILLION GOOGLE SEARCH RESULTS Here’s What We Learned About SEO
      • Enhance Your Email Personalization: 6 Best Practices for Standing Out in the Inbox in 2021.
      • Navigating the new normal: how marketers can humanise and personalise the consumer experience
      • Building Customer Trust: The Stages to Leveraging Preference Management
      • Successful Strategies to Win New Business
      • How to build a digital adviser. Part 1: your website
      • How to build a digital adviser. Part 2: emails
      • How to build a digital adviser Part 4: social media
      • Your Guide to Business Development in the New Normal
      • Creating a successful digital advice model
      • A simple guide to Metadata
      • Blogging Checklist
      • Marketing Checklist
      • SEO checklist
      • Website checklist
      • Case Studies
      • Investment Guides
      • ABI Making Retirement Options Clear
      • Equity Release - Not For Me
      • PMI - New Market Opportunities
      • Social Media Training
      • Adviser PR
      • Web Review Service
      • Communication Reviews
      • Corporate Design
      • Tailored Web Development
      • E Mail Marketing and Communications
      • Unconscious beliefs ‘key’ to sticking to advice plan
      • Advisers must embrace digital tech, just like their clients
      • The Insiders' Guide on How to Grow Your Business During Lockdown
      • Trends 2021: Selective innovation and getting personal
    • Team Development
      • ISO 22222 - Increase your professional standards
      • SOLLA - Later Life Adviser Accreditation
      • FTAdviser - How to manage the transition back to the office
    • Technology
      • Increase client face to face time
    • Proposition
      • FTAdviser - Can advisers afford to ignore crypto?
      • Citywire New Model Adviser Podcast: Why advisers should care about decentralised finance.
      • FTAdviser - Investing in emerging markets after Covid
      • FTAdviser - Q&A: Advisers are missing a trick with business protection
      • FTAdviser - How to get younger clients on board with financial advice
      • Momentum Sustainable Managed Portfolios.
      • Intelligent Partnership - Alternative Investment Market: Industry Update - March  2022
      • Money Marketing: The future of advice is going to be dynamic
      • Aviva - 9 FinTech areas to focus on in 2022
      • PruAdviser - Investment Office Insights Q1 2022 – Inflation, Technology Stocks and COP26 Summit
      • Sustainable Living: A Homeowner's Guide to Maximising Energy Efficiency During COVID-19 and Beyond
      • Octopus Investments - An Adviser’s Guide to the Enterprise Investment Scheme
      • Schroders - Podcast: Finding the next generation of mega caps
      • Pictet Asset Management & the Institute of International Finance - Bonds that build back better
      • Retail Merchant Services - An SME’s Guide to Reducing Your Carbon Footprint and Environmental Impact
      • Trusted Reviews - Sustainable technology: understanding the latest innovations and initiatives from tech giants
      • Citywire - Comeback kids: The 10 best-performing funds of 2021
      • Citywire - Secret Pension Fund Manager: How to spot a fraud
      • Citywire - Seven risks investors need to prepare for in 2022
      • Energy Helpline - A Guide to Global Internet Energy Usage
      • Intelligent Partnership - November 2021 AIM Industry Update
      • Royal London - What stops people from seeking financial advice?
      • Stanmore - Sustainable Housing Guide
      • comparethemarket.com Guide - Choosing Ethical Banking: The Eco-Friendly Way
      • AXA Investment Management - Why a socially aware investment approach pays dividends
      • FTAdviser - Advisers sticking with equities despite market uncertainty
      • FTAdviser - If your business is to thrive, you will have to advise remotely
      • Always Be Content - Dare to Care: How Doing Good Helps Business Do Better
      • Finding your advice style with lifestyle planning
      • Aegon - How your clients can become a financial wellbeing ‘all-rounder’
      • PruAdviser - The power of advice report: Advisers as agents of change for sustainable investing
      • Aviva - Generation rent: the protection they need
      • FTAdviser - How suitable are financial products for young savers?
      • Schroders - Has Covid actually mattered to financial markets?
      • Aegon adviser attitudes report 2021: Cost, Coronavirus and ESG shape investment trends
      • AIG - How to: reinvigorate your critical illness sales process (CPD)
      • AIG - Planning for Later Life Care - Update (CPD)
      • Royal London - Does sustainable investing belong in fixed income?
      • Intelligent Partnership - Q121 AIM Relief Quarterly Update
      • Fidelity International - Intergenerational Planning Synopsis
      • Advisor Perspectives - Why Prospects Choose You
      • Advisor Perspectives: 10 Signs You Need to Be a “Hybrid” Advisor
      • This is Money - Mind the money age gap: Research claims over-65s are smarter about pensions and investing due to a lack of financial education for the young
      • Aviva - Retirement in the time of coronavirus
      • M&G Investments - How to invest today to meet tomorrow’s challenges
      • Aviva - A quarter made a bad debt decision during pandemic
      • Schroders - Not all ESG bonds are created equal - here's why
      • Schroders - Why EM is the perfect place for impact investing
      • Schroders - How might higher inflation affect your portfolio?
      • Intelligent Partnership - A Professional’s Guide to Estate Planning
      • The Institute for Fiscal Studies - Understanding the gender pension gap
      • Momentum Global Investment Management - Retirement Income Dilemma
      • The world in 2030: Investing for the next decade
      • Is now the right time to be adding risk?
      • Your clients’ retirement could have been hit three ways by 2020
      • How to introduce clients to protection
      • The Insiders’ Guide on How to Grow Your Business During Lockdown
      • Value vs. growth - who wins?
      • Building a Living Pension
      • Why 2021 could be the year of the Ssas
      • The New Protection Challenge
      • The best and worst performing funds of 2020
      • FTSE soars 3.1% on first trading day of 2021
      • Demand for advice set to 'grow exponentially' this year
      • Handling vulnerable clients who want equity release
      • Preparing your clients for a K shaped recovery
      • Shift in retirement journeys set to reshape the market
      • Managing risk in volatile markets
      • State pension now a whole lot more important for planners’ clients
      • Govt boosts support for self-employed during lockdown
      • Covid-19 job cuts cause over 55s to re-think retirement plans
      • Covid has changed advice needs
      • ESG for income and growth
      • Savings surge is an adviser opportunity
      • Four in five UK adults say they don’t have a ‘pension will’
      • Combining pensions and property
      • Why transfers in drawdown will be a key theme for advisers
      • Clever Adviser Technology Ltd
      • The Value of Advice - an insiders guide
      • The Value of Advice
      • Adviser Home Guide to Innovation
      • Designing your service proposition
      • Effective Cash Management
      • A managed sale, move and funding service for your retired clients
      • Private Medical Insurance
      • Portfolio Comparison
      • Cashflow Modelling App
      • Defaqto Engage Core
      • Protection advice made simple
      • Client Reports and Online Paraplanning
      • Technical Support
      • Guide to the changing face of protection cover
      • Advising on income protection
      • Business Protection
      • The future of cashflow modelling
      • Equity available in UK homes soars to £600bn
      • Battling the pension scammers
      • Billy Burrows: The way we advise clients will change
      • Why advice finally feels relevant
      • South West: Bonds we can depend on
      • Pandemic forcing a widespread rethink of retirement plans
      • Guide To Post-Covid-19 Retirement Planning
      • Global Investor Behaviours and Attitudes: A Cross Generational Overview
      • Rohan Sivajoti: The one page business plan
      • Protection conversations increasingly common for advisers
      • Generate new business with tax-efficient investments
      • Fixed income in the new normal
      • The risks that investors should prepare for in 2021
      • FTSE sinks 3% amid Covid chaos
      • Longevity: The hub of retirement planning
      • Are investors adjusting to the new normal?
      • Women urged to check pensions for underpayment
      • How to manage pitfalls of giving wealth to next generation
      • The dangers of drawing too much, too soon
    • Adviser Business In Testing Times
  • Sustainable Investments
    • Sustainable Investing - Schroders
    • Sustainable Investing - Hermes
    • Sustainable Investments - Pictet
    • Sustainable Investing - M&G
  • About
  • Events
  • News
  • Newsletter

Weekly Updates

John Lappin

Our Industry Commentator with his top news links each week.

Big review of pension tax proposed and for once advisers may approve

It is rare that a government review occurs which advisers should embrace with both hands, but the latest report from the Office of Tax Simplification report about pensions taxation may well be one of them.

The OTS wants to see a review of the annual and lifetime allowances. It wants the Government to reconsider the Money Purchase Annual Allowance, to address the issues of net pay and auto-enrolment for the lower paid and to look at the interaction of child benefit and income tax.

All of these are very changes - many of which would clearly have the backing of advisers.

Interesting to see that it has also been covered extensively in Pulse, the journal for GPs.

Its report says: “One possibility would be for the annual allowance to apply in relation to direct contribution schemes and the lifetime allowance in relation to direct benefit schemes, reflecting the most natural operational and administrative fit between the two approaches and the type of scheme involved.” 

The Treasury has turned down calls for the FCA to be given news powers which could see it strongly recommend the extension of its own regulatory perimeter.

The Treasury select committee had recommended two important changes – first that the FCA could ask for the perimeter to move with ministers required to implement the recommendations or reply promptly with their reasons for not doing so.

The second power was for the FCA to be able to ask for the ability to demand information from non-regulated entities as the Bank of England can with institutions thought to be sources of shadow banking. The second power on my reading did not require the agreement of ministers.

As I say, both have been turned down. It is quite possible to characterise this as simply the Treasury guarding its powers, but it shows how controversial the perimeter is proving.

Yet to see anyone surveying IFAs about where they stand. They must want these fly-by-night minibond providers dealt with, but is regulating them including with compensation scheme cover really the answer?

In Money Marketing consultant Graham Bentley argues that advice should increase wealth of the many, not preserve wealth of the few. I have some sympathy – at least with the second part of the headline. Worth a read. Few easy solutions though with the current regulations.

Money Marketing takes an extensive look at advisers and the protection market. The challenges do appear to remain the same. Some excellent graphs though.

The FOS has paid £2.4m in compensation to steelworkers, New Model Adviser reveals.

 

The board of Patient Capital is still considering sacking Neil Woodford but hasn’t consulted shareholders according to reports in the Telegraph. It would be quite a significant blow to Woodford Investment Management.

 

 

Back

Our Sponsors & Partners

Pictet Asset Manegement
Orbis
Aegon
Funds Network
Schroders
Clear
Brooks Macdonald
Octopus Investments
Momentum Global Investment Management
Previous
Next

Contact Us

  • Partners
  • Contact Us
  • Terms & Conditions
  • Data / GDPR
  • Privacy Statement

Social

Follow us to stay up to date with the latest industry news

  • Twitter
  • LinkedIn

Newsletter Sign Up

Fancy getting all the latest news direct to your inbox?

Please do not fill in the above field to help us identify genuine requests.

Adviser Home

© 2022 Adviser Home

Website by Clear

Back To Top

Sign up to the Adviser Home newsletter

Please leave the above box empty.

After you register your details with us we will communicate with you by email as follows:

Each week you will receive an update bulletin “InfoMix”. You will also receive, normally weekly, a single email on a subject of relevance to your role as adviser or provider.

For providers we will also from time to time - normally 3 or four times a year, tell you about Adviser Home initiatives or opportunities for you to partner with us.

At any time you can elect to stop receiving emails by unsubscribing.

Your data will only be shared with a third party with your specific written agreement. Our full GDPR policy is found here

Please leave the above box empty.

Please leave the above box empty.