FTAdviser Podcast

In his Mansion House speech earlier this month, Jeremy Hunt said some of the UK’s largest defined contribution pension schemes had agreed to commit 5 per cent of their default funds to unlisted equities by 2030.Hunt said his aim was to enable the UK’s financial services sector to increase returns for pensioners, improve outcomes for investors and unlock capital for UK growth businesses but what are the risks and will schemes jump on board?This week Amy Austin, news editor at FTAdviser speaks to Mark Ormston, director of propositions and corporate partnerships at Retirement Line and Tim Orton, chief investment officer at Aegon about the chancellor's Mansion House pension reforms.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests fro the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

Consultants Mel Holman and Bradley Northrop, adviser Kusal Ariyawansa, and Quilter's Paul Young discuss the meaning of fair value in financial advising, challenges in defining and assessing fair value, aligning financial services with clients' needs, the use of big data for investment analysis, and the significance of evidence and measurement in demonstrating fair value.

Firms are frantically preparing as the deadline is fast approaching at the end of this month. Given the imminent timescale, it is encouraging to note that a survey by Schroders revealed that 19% of advisers said they are fully prepared for consumer duty and 77% said that their preparations are in progress and that they should be ready for the end of July. However, 4% had said that they had not yet started to prepare.This week FTAdviser deputy news editor Sonia Rach talks Gillian Hepburn, head of UK intermediary solutions at Schroders and Alexandra Roberts, head of regulatory policy and compliance at Pimfa on the impending July 31 consumer duty deadline.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

The advice gap is ever-growing and as a profession, financial advisers have a role to play. But is it solely up to the financial services industry?A recently conducted poll on Twitter asked financial advisers what their views were on financial education in schools and whether it should be a collective effort by the advice / financial services industry or whether the onus should be on schools and the government. More than half of the advisers said schools need to do more, around 32% said advisers need to help and some 13% said it’s not advisers' problem.Collaboration seems to be a key necessity here in order for it to work and many of the larger financial advice businesses are already trying to do their bit, but what more can be done to reduce the advice gap and increase financial literacy?This week FTAdviser deputy news editor Sonia Rach talks to Mina Karshala, board trustee at Young Enterprise, Jade Rose, wealth planner at Kingswood Group and Daniel Williams, IFA at Morgan Williams & Co and the current PFS Education Champion of the Year.They discuss the extent to which schools and government have a role to play, how advisers can contribute and help and they also touch on the role of social media. The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

Kamal Warriach, Ian Mortimer, and Paul Major discuss the challenges of investing in innovative companies, diversification in early-stage companies, governance in thematic investing, healthcare investment opportunities, and the importance of engagement and liquidity in tech investing.

As a profession, financial advice has often been associated with middle aged men and, while this has changed a little bit, the average age of a financial adviser remains in the late 50s.Many of the larger financial advice businesses are now setting up academies to encourage school and university leavers to join the profession but what more can be done to promote financial advice as a profession?This week FTAdviser deputy editor Damian Fantato talks to Sheena Gillett, communications and PR director at adviser trade body Pimfa, Gee Foottit, senior manager in partnership recruitment at St James's Place and James Woods, director of BWD Search's wealth management team.They discuss the extent to which the demographics of financial advice are changing and what advisers and firms can do to encourage more people to the profession.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests fro the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

Inflation has remained stubbornly high in the UK, presenting problems for multi-asset investors - particularly those seeking an income.This week FTAdviser's David Thorpe is joined by Charlie Parker, managing director at Albemarle Street Partners, Eugene Philalithis, head of multi-asset investments for Europe at Fidelity, and Alex Crooke, who runs the Bankers investment trust at Janus Henderson.They discuss how inflation changes the calculation for multi-asset investors, the balance of seeking an income versus seeking capital growth at a time of inflation and the role of sector risk in investment decisions.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests fro the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

The mortgage market has been going haywire recently due to higher than anticipated inflation and mortgage lenders have been pulling deals across the market.This week reporter Jane Matthews is joined by John Charcol’s mortgage technical manager, Nicholas Mendes, Quilter’s mortgage expert Karen Noye and London-base brokerage Private Finance’s technical director, Chris Sykes to discuss what has been going on. Over the last two weeks, more than 1,000 mortgage products have been pulled from the market causing mortgage brokers to demand mandatory notice periods of rate withdrawals in order to help them better manage client applications. The guests weigh in on the merits of such a policy but warn that it may lead to unintended consequences. They also discuss why house prices have not crashed this year like some analysts previously predicted.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests fro the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

Direct indexing - where an investor builds a personalised index which is then tracked by a fund or portfolio - has been growing in the US for a couple of years, with fund houses like Vanguard and BlackRock investing heavily into it. Now Fundment has launched the first such offering in the UK.FTAdviser deputy editor Damian Fantato is joined by Jonathan Warren, head of innovation at Altus, and Mike Barrett, consulting director at the Lang Cat, to discuss whether this is the start of direct indexing's widespread adoption in the UK.They discuss some of the pros and cons of direct indexing, how it is likely to be distributed and whether it suits some investors more than others. The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests fro the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

This week, FTAdviser reporter Jane Matthews is joined by Financial Technology Research Centre founder Ian McKenna, and Chet Velani, chief executive of EV, to discuss the impact artificial intelligence will have on the financial advice profession. Velani and McKenna outlined some of the potential benefits AI poses for the world of advice and gave examples of things advisers can already be doing to integrate artificial intelligence into their business models. The pair also raised concerns over the potential impact the adoption of AI will have on the paraplanning profession. The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests fro the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.