We were cheered to see that the Treasury has announced that from April 2017, consumers will be able to access up to £1,500 from their pension pot to spend on financial advice. Savers will be allowed to use the cash on up to three occasions in £500 chunks....
This week, five of the largest DFM firms – Brewin Dolphin, Brooks Macdonald, Investec Wealth & Investment, Quilter Cheviot and Rathbones – got together and launched an 'alliance' to sell financial advisers the benefits of outsourcing their investment function...
Robo-advice hit the headlines again last week when Mark Carney upset the robo-advisers by linking the promise of fintech with the possibility of systemic risk. While the start-ups, sandboxes and incubators get all the attention, slowly but surely a quiet revolution...
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