Challenges Ahead: Financial Advisers And A New Consumer Duty

The Duty will include requirements for firms to end rip-off charges and fees. The FCA's Consumer Duty will lead to a major shift in financial services | FCA - PS22/9 12.9 By the end of October 2022 (UK) adviser firms' "boards" should agree implementation plans (PS22/9 12.9). What should financial advisers be thinking about for … Continue reading Challenges Ahead: Financial Advisers And A New Consumer Duty

How To Navigate Happiness: A low-cost approach that everyone can afford

HapNav provides a cashflow baseline for every user to just set up and take away on their own for a few years. "Growth forward is made possible by the feeling of being safe, of operating out into the unknown from a safe home port, of daring because retreat is possible." - Richard Barrett, A new … Continue reading How To Navigate Happiness: A low-cost approach that everyone can afford

What a fabulous career choice this NIFP network has turned out to be.

Our planning model removes product intermediation from the advice process. It’s absolutely amazing when you take the blinkers off; we open up vast horizons of planning opportunity. The likes of which we have never seen before. For example: Planning 100 employees all at once with one planner as part of an employee financial wellbeing programme.Creating … Continue reading What a fabulous career choice this NIFP network has turned out to be.

The Ultimate Stakeholder Win-Win Proposition

Good brands and stakeholders Question: You may choose to answer this on the Facebook pages as I believe it is a vibrant subject. Very timely and pertinent to the malaise of beleaguered businesses right now. Especially the SME enterprises, and I suspect it is because many HR people do not appreciate the relationship between the business owner and … Continue reading The Ultimate Stakeholder Win-Win Proposition

Employee financial planning apps for well-being at work

http://www.hapnav.com Financially disorganised employees are the source of low productivity and reduced efficiency in the workplace. It’s a no-brainer that an engaged and stress-free workforce will be more productive and bring more value to the organisation than a team of financially stressed employees. So, what difference can an employee financial planning app make to your … Continue reading Employee financial planning apps for well-being at work

Generation Cast Out: How To Cope When Forced To Retire

Older workers are being pushed out of jobs and into retirement, reports today’s Telegraph. https://www.telegraph.co.uk/pensions-retirement/financial-planning/pushed-work-age-mid-lifers-face-ruin-pensions-run-dry/ Bullet points: Forced to spend pensions sooner than planned.Un-employment in over 50s rocketed. Age discrimination is rife.Over half a million silver workers left employment since the pandemic.Two-in-five older unemployed still out of work after a year. Shut out and left … Continue reading Generation Cast Out: How To Cope When Forced To Retire

Employee Benefit #1: Financially Organised Workers Are Happy Workers

HapNav @ Work The most important asset of any business is its people. Financial wellbeing is critical if employees are to be engaged, motivated, and productive. Yet, all but senior executives and managers are underserved by the financial adviser community on account of their limited wealth. That was, until now! Until now, the workforce must … Continue reading Employee Benefit #1: Financially Organised Workers Are Happy Workers

What Kind Of Fools… is the investment industry voting on its own pay?

The UK investment regulator, the Financial Conduct Authority, suggests relaxing sales rules for £90bn in consumer savings to be switched to assets it regulates. The FCA has spotted nearly nine million people holding cash of £10,000 or more, which it describes as “investable assets” (money that could be switched to regulated investments). They suggest that … Continue reading What Kind Of Fools… is the investment industry voting on its own pay?