Category: Advice

  • Why should I use a financial adviser?

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    Arthur Beverly
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    I was reading an article in the technical press earlier this week by Hannah Goldsmith, another IFA, which I quote verbatim.  She writes: “I have met many investors with a very negative view of the financial services industry. They may have read articles in the national media about advisers ripping off investors, experienced poor financial…

  • Alan Moran: Here’s what I’ve learned after 30 years in advice

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    Arthur Beverly
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    Advice milestone I noticed the accompanying article in the financial press recently and was struck by the similarities with our own business.  Maybe the writer’s age and length of marriage differ slightly but… Alan writes. Welcome to the 2020s! As we start the new decade, I reach a personal landmark because I can now reflect…

  • Tom Dunbar: Putting a number on the value of advice

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    Arthur Beverly
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    Royal London, in conjunction with the International Longevity Centre recently put a number on how much financial advice is worth to those who receive it. Here, Tom Dunbar elaborates on the findings of that research… There are many myths and misconceptions around financial advice: some say it is only for high net worth people while…

  • Powers of Attorney and Dementia – Don’t leave it to late

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    Arthur Beverly
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    A diagnosis of dementia is extremely difficult to come to terms with, both for the person who is diagnosed and for their families. Sadly, as the population in the UK is ageing and the dementia risk is understood to increase with age, these diagnoses are likely to become more common. In Scotland alone, over 90,000…

  • Vulnerability – A challenge for us all.

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    Arthur Beverly
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    Do you think you are Vulnerable Client? Probably not if you’re a young fit and healthy individual who makes astute business decisions every day of the week or someone who is responsible for others. But wait a minute. Identifying where a client may exhibit vulnerability is a challenge, and one that the regulator has become…

  • FCA publishes guidance on treatment of vulnerable customers

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    Arthur Beverly
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    The Financial Conduct Authority (FCA) has published a 41-page piece of guidance for businesses on how to treat vulnerable customers better. The guidance is split into a number of sections: understanding the needs of vulnerable customers, skills and capability of staff, product and service design, customer services, communications, and monitoring and evaluation. Fundamentally, the FCA…