FTAdviser Podcast

On this episode of the FTAdviser In Focus podcast we discuss current monetary policy and its effects on the bond market. Central banks in Europe and the US have raised rates as their economies are hit with rising prices. As a result bond yields have soared, as prices, in tandem with equity values, have crashed. But have banks acted quickly and strongly enough? William Morris, head of investments at Weatherbys Private Bank, Simon Holmes, multi-asset portfolio manager at Columbia Threadneedle Investments, and Ahmer Tirmizi, investment manager at Seven Investment Management, discuss this and other issues around current monetary policy and fixed income. Hosted on Acast. See acast.com/privacy for more information.

The task facing the Bank of England in controlling inflation is harder than that facing the new prime minister, an expert has said.Speaking to chief reporter at FTAdviser, Sally Hickey, guests David Henry, investment manager at Quilter Cheviot, and Sue Noffke, head of UK equities at Schroders, said the road ahead is unclear.“I think Liz Truss has an easier job than the Bank of England,” said investment manager at Quilter Cheviot, David Henry, adding that we need to get a handle on inflation.Noffke said it is unclear whether the new package of energy measures will contain sterling's drop, or cause it to fall further.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 new consumer duty, for which the rules were confirmed in July, won’t see a substantial amount of change for advisers, according to the guests on the latest FTAdviser Podcast.Speaking to deputy news editor Sonia Rach, this week's podcast guests, Simon Harrington, head of public affairs at Pimfa, and Mike Barrett, consulting director at the Lang Cat, said there was likely to be little change coming for advisers. In the discussion, they discussed the actual provision of giving advice, assessing suitability and how it differs from the RDR regulation previously.The discussion also touched upon the “theme of proportionality”, taking into consideration the impact the consumer duty will have on one-person advice firms.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.

There is no scope to water down advice but if the industry wants to be able to serve the 15mn people who need advice but don't get it, change is needed, says Simon Harrington.The head of public affairs at the adviser trade body says what is currently possible is rooted in 'handbook guidance', rather than the handbook itself, which makes it risky for advisers to experiment with simpler models. To find out how exactly Pimfa's simplified advice would work, and what are the chances of pushing it through the legislative and regulatory bodies, tune in to this week's FTAdviser In Focus podcast. Hosted on Acast. See acast.com/privacy for more information.

The start to 2022 was a rocky one for equities, with the MSCI World index losing 14 per cent year to date.While recent weeks have provided some respite for equities, with most markets rebounding to some extent, continued high inflation and rising interest rates mean equity investors could continue to experience something of a rollercoaster ride, with markets struggling to price in the changing economic circumstances.This week FTAdviser contributing editor David Thorpe is joined by James Thomson, manager of the Rathbone Global Opportunities fund, John Moore, senior investment manager at Brewin Dolphin, and Jason Borbora-Sheen, manager of the Ninety One Diversified Income fund.They discuss whether equity prices are pricing in the range of macro-economic outcomes, whether sectors such as tech have fallen as far as they can and the challenges of finding defensive stocks.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.The FTAdviser Podcast will be taking a brief summer break next week and will return in September. Hosted on Acast. See acast.com/privacy for more information.

This episode of the FTAdviser In Focus podcast focuses on financial advisers' mental health and wellbeing. Looking after your mental health is important and there are several stress factors advisers in particular should be looking out for, according to this week's guests. Shaun Doherty, owner of The 555 Club, and a former IFA, and Kerry Burgess, people operations director at First Wealth, discuss what signs to look out for, how to de-stress at work, and how far the industry has come in addressing mental wellbeing. Hosted on Acast. See acast.com/privacy for more information.

Mortgage lenders cannot cope with the volume of business coming their way, advisers have told the latest FTAdviser Podcast. Speaking to senior editor Simoney Kyriakou, Jane King, chartered adviser for Ash Ridge Financial Services, said lenders had told her they were swamped, partly due to the difficulties of navigating hybrid working but also because of having to cope with ever-changing bank base rate rises. Also joining her on the podcast was Almas Uddin, founder of Revolution Brokers, who warned of a "massive mortgage slowdown", while Rachel Springall, financial expert at Moneyfacts, said the ever-rising base rate meant the cost of mortgage repayments was rising faster than many people might expect.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.

This week the Bank of England has scrapped a key affordability test for borrowers wanting to take out a mortgage which was introduced following the 2008 financial crisis.Since Monday, lenders no longer have to assess whether borrowers will be able to afford a mortgage if interest rates increased by 3 per cent because the Bank claimed it was no longer necessary and was actively preventing people from getting a mortgage.This week FTAdviser deputy editor Damian Fantato is joined by Jeremy Duncombe, managing director of Accord Mortgages, and Danny Belton, head of lender relationships at Legal & General Mortgage Club, to discuss what impact this might have.They discuss the criticism this decision has received that the Bank should have waited for the current macroeconomic turmoil to end, they weigh up what actions lenders might take and they discuss what sort of borrower might benefit from this change.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.

Unfortunately a gender pensions gap exists and men are more often than not better off in retirement then women, but divorce often plays a role in this as many do not take into account a partner’s pension.When going through a divorce the court can make a pension sharing order to provide a transfer from a spouse with a greater pension provision to the one with the lesser. But many people do not know this exists. For example, a 2021 study looking at divorcees aged 55-64 found that men had an average total private pension fund value of £100,000, while women had accrued just £19,000. On this week's edition of the FTAdviser Podcast, news editor Amy Austin is joined by Andrew Tully, technical director at Canada Life and Rachael Hall, co-founder & director of advice firm Seven Stages to talk about advising on divorce and the splitting of pension assets.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.

Over the past few years, the world of discretionary fund managing has grown and so has competition in this space.As the number and complexity of funds increase, DFMs have become a popular tool for IFAs, helping them to find efficient ways of making the right investment decisions for their clients.But how can advisers make sure they’re entrusting the right people with their clients’ money, and what impact will the growth in DFMs have on advisers? Will the new entrants in the DFM market be able to challenge some of the bigger incumbents?In this podcast, Sally Hickey, chief reporter at FTAdviser, is joined by Henry Cobbe, head of research of Elston Consulting, and Matt Ward, communications director at AKG to find out. 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.