Banking Performance and Wealth Management Insights

In this latest pile of TRAP, the Trap Pack discuss

• Topical issues, including FPSB Ireland making great strides, Truflation, the primacy of equities, CISI Chartered Status, Verve Incubator, Hargreaves Lansdown delisting, HUM London nearly sold out
• Meat and Potatoes: Much Ado About Nothing
• Questions posted by our beloved TRAPist https://twitter.com/JoinedUpJill
• Culture Corner

Links referred to in the show:

• Shrinking advice market https://www.moneymarketing.co.uk/news/access-to-advice-shrinking-as-firms-focus-on-clients-with-higher-assets/ 
• https://citywire.com/new-model-adviser/news/we-culled-20-of-our-clients-advisers-on-consumer-duty-one-year-on/a2447375?re=122463&refea=2113338&link_id=1678599 
• AH - FT Funds offering protection from volatility fail to deliver in sell-off - https://www.ft.com/content/2d2ce18b-f842-4912-babf-f4b8c1190c0d 
• CW - FPSB Ireland - 5-year strategic plan https://www.fpsb.ie/cfp-professionals-area/financial-planning-awareness/
• AS - Truflation - 37% since 2020 (BofE says 23% CPI!) https://truflation.com/calculator 
• NL - despite recent market downside volatility, equities retain primacy: https://monevator.com/us-historical-asset-class-returns/
• AS - CISI creates Chartered status based on a number of years working. 
• CW: Mind-boggling Irish pillar bank profits https://www.rte.ie/news/business/2024/0731/1462736-bank-of-ireland-h1-results/
• AS - Verve adviser incubator- last cohort of 2024 https://www.professionaladviser.com/interview/4342130/adviser-incubator-meet-graduate-rebecca-bonner
• AH - Kyle Walker divorce papers made public - https://assets.caselaw.nationalarchives.gov.uk/ewfc/b/2024/212/ewfc_b_2024_212.pdf 
• NL/AH - Hargreaves Landsdown delisting: will the last company to leave UK plc please turn off the lights: https://www.thisismoney.co.uk/money/markets/article-13728573/Founders-line-850m-payday-Hargreaves-Lansdown-goes-private-5-4bn-takeover-agreed.html
• AH -

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