[email protected]

  • About Us
  • Events
  • Industry News
  • Infomix
  • Business Development Updates
  • Newsletter
Adviser Home
  • CPD Centre
  • Development Solutions
    • AXA Investment Managers
    • Tacit Investment Management
    • Aegon Corporate Protection
    • Tax Planning Support
    • Outsourced Investments
    • Orbis Invest Differently
    • Fidelity Adviser Solutions
    • Aegon - Supporting financial advice
    • Tax Planning Investments
  • Resources
    • Marketing
      • The Yardstick Agency - Organising events can generate new business. But is your presentation fit for purpose?
      • The Yardstick Agency - 4 powerful ways to grow your podcast audience
      • 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?
      • Faith Liversedge: How to convert clients to your ongoing service
      • 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
      • Creating a successful digital advice model
      • Blogging Checklist
      • Marketing Checklist
      • SEO checklist
      • Website checklist
      • Corporate Design
    • Proposition
      • New Guide to Retirement Income Advice
      • Advisor Perspectives - You Provide More Value than You Realize
      • IFA Magazine - 4 things you’ve forgotten about the value of your advice
      • Royal London - Feeling the benefit of financial advice: How professional support helps to improve emotional wellbeing
      • FTAdviser - Q&A: Advisers are missing a trick with business protection
      • FTAdviser - How to get younger clients on board with financial advice
      • Money Marketing: The future of advice is going to be dynamic
      • Royal London - What stops people from seeking financial advice?
      • 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’
      • Aviva - Generation rent: the protection they need
      • FTAdviser - How suitable are financial products for young savers?
      • AIG - How to: reinvigorate your critical illness sales process (CPD)
      • Royal London - Does sustainable investing belong in fixed income?
      • 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
      • The Institute for Fiscal Studies - Understanding the gender pension gap
      • How to introduce clients to protection
      • Handling vulnerable clients who want equity release
      • Shift in retirement journeys set to reshape the market
      • Four in five UK adults say they don’t have a ‘pension will’
      • Combining pensions and property
      • The Value of Advice - an insiders guide
      • Adviser Home Guide to Innovation
      • Designing Your Service Proposition
      • Effective Cash Management
      • Business Protection
      • Rohan Sivajoti: The one page business plan
      • Protection conversations increasingly common for advisers
  • Sustainable Investments
  • About Us
  • Events
  • Industry News
  • Infomix
  • Business Development Updates
  • Newsletter

Weekly Updates

John Lappin

Our Industry Commentator with his top news links each week.

Cost of living concerns mount

It is arguable that the biggest news of last week concerned the cost of living. We know that most advised clients will have accumulated enough money to have significant protection against bouts of inflation such as this but they are not going to be fans of it.

They are also likely to remember periods of higher inflation as well, but it is not exactly going to be a particularly pleasant experience for younger clients still accumulating wealth on relative tight budgets nor for older clients with smaller retirement pots.

So here are a few links regarding the situation reflecting different media perspectives.

This is the Telegraph suggesting taxpayers face a £9bn hit to rectify the energy situation though I would say it is likely to be the bond market taking the strain for now.

The Guardian does a straight report on the help available and another on soaring energy company profits. Martin Lewis suggests ways to mitigate the situation though interestingly says he recently had a call with the Chancellor. Quite an influential Money Saving Expert.

In terms of the overall cost of living situation, the Bank of England’s Andrew Bailey’s remarks about interest rate rises and pay restraint have been shot down by Downing Street. An interesting battle to watch by two clearly embattled figures, the governor and the PM.

To quote CityAm – “Downing Street stressed this afternoon Boris Johnson fiercely disagreed with Bank of England Governor Andrew Bailey over his call for workers to show “restraint” over pay rises amid high inflation.

“The Prime Minister’s official spokesman said: “It’s not something that the Prime Minister is calling for. We obviously want a high-growth economy and we want people’s wages to increase.”"

The former head of Which? Richard Lloyd is to act as interim chair of the FCA as the search continues for a permanent appointment amid talk of the Treasury’s desire to find someone who will agree with their agenda. There is a lot of debate about the merits of the FCA increasing its focus on competition.

The FCA warns investment firms to seek legal advice before using social media influencers in its latest regulatory update.

The FCA reported a 10 per cent increase in reports received about illegal financial promotions by unauthorised persons last year and said it had reviewed 1,686 promotions, of which only a minority (5 per cent) came through its own monitoring. 

A lot of this is surrounded by regulatory language. We have stats as above that may or may not refer exactly to influencers.

Advisers may also ask about Money Bloggers too, where I have heard some concerns raised about how they are financed.

‘Swap bonds for dividends’ says Sarasin’s CEO Guy Monson with an element of ‘he would say that wouldn’t be.’ But I think it is always worth a listen to views when underlying investment conditions are clearly changing.

EV’s founder Bruce Moss asks “How do you solve a problem like income drawdown?”

To quote a little more: “We need to understand what a failure to meet their objectives might mean for them: the risk. And the degree to which a failure to meet the objectives can be tolerated: the capacity for loss. The two are inextricably linked.”

Back

Our Sponsors & Partners

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.

We exist to help financial advisers run, develop and market their business

Adviser Home

© 2025 Adviser Home

Website by Clear

Back To Top

Sign up to the Adviser Home newsletter

Please leave the above box empty.

Are you an adviser or provider?

Find out more about our weekly bulletins here. You can unsubscribe from our communications at any time.

We’ll only use your data in compliance with GDPR. Our full policy can be found here.