FTAdviser Podcast

Justin King, chartered financial planner at MFP Wealth Management, Philip Martin, managing director at Unique Financial Planning and Christian Tomaszewski, financial planner at Timothy James & Partners joined Sonia Rach, senior reporter at FTAdviser, to discuss how inflation impacts financial planners. Martin said the industry, and media, needs to think more long-term when it comes to inflation. “We have got to stop reacting to short term moves in the markets that over the medium to long term all empirical evidence shows will eventually smooth themselves out.” Hosted on Acast. See acast.com/privacy for more information.

Alain Desmier, founder of lead generation compliance specialist Contact State, and Emma Thomson, founder of the Women in Protection network, have welcomed efforts in the insurance industry to root out the rogues but said more needs to be done. Speaking to Simoney Kyriakou, senior editor of FTAdviser, both guests urged the industry to highlight potentially misleading adverts to the regulators. "I believe it is all our duty, if we see an advert we do not like, to report it to the Financial Conduct Authority and to the ASA", Desmier added. Hosted on Acast. See acast.com/privacy for more information.

Inflation across the globe is spiralling as price of energy rises due to a worldwide squeeze on supplies. In the UK, inflation has reached 5.5 per cent - its highest level in more than a decade - and it is predicted to get even higher over the course of 2022. This surge of inflation was originally expected to be transitory but some are now reassessing this.This week FTAdviser's special projects editor David Thorpe talks to a panel of investment specialists about investing at a time of surging inflation. He is joined by Paul Graig, senior portfolio manager at Quilter, Stephen Bell, chief economist at BMO Global Asset Management, and Christopher Rossbach, chief investment officer at JStern and Co.They discuss the options for central banks and whether they are likely to make mistakes in their monetary policy reactions as they attempt to keep inflation under control. They also discuss whether assets can be expected to react as they normally might given the unusual nature of the Covid-19 recovery and how investing for income might be affected.The FTAdviser Podcast is the weekly 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 work and pensions select committee has published a report on the five years of pension freedoms which found that savers needed more support to navigate the pension regime.Overall, the MPs found pension policy had revolved too much around pension pots rather than the individuals who were relying on this money for their later life security.The committee said the government and regulators needed to play a more active role than they did when the pension freedoms were first introduced to help guide savers.This week FTAdviser news editor Amy Austin talks to Stephen Timms, the committee's chairman and a former pensions minister, about the report and the state of the pensions regime.They discuss what how pension freedoms should be reformed, and how savers could be encouraged to seek guidance or even advice.The FTAdviser Podcast is the weekly 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.

During 2020, advisers cited more interest in insurance than ever before. But with figures of sales tailing off in 2021, was this just a blip on the insurance radar? Are people truly seeing the value of protection or is this simply a knee-jerk reaction to Covid? Yet one trend that is emerging is a new proactivity among younger women aged 18 to 30. How can advisers capitalise on this current sentiment to encourage more clients and potential clients to consider taking out important health and life cover? Joining Simoney Kyriakou, senior editor of FTAdviser to about where emerging trends might be, are Sue Helmont, marketing director for AIG Life; Kathryn Knowles, co-founder of Cura Financial Services; and Tom Conner, director for Drewberry. Hosted on Acast. See acast.com/privacy for more information.

For years UK equities have been seen as laggards compared to the US. The UK market has been seen as too focused on value stocks such as banks and oil companies, with the focus on equity income often coming in for criticism. Indeed during 2021 investors pulled £4.4bn from UK equity funds.But has this changed? Since the beginning of 2022, amid rising inflation and interest rates, the Nasdaq has fallen by 12% and the S&P 500 has fallen by 6%. Meanwhile the FTSE 100 has remained stable, rising by a little under 1%.This week reporter Sally Hickey is joined by Ed Smith, co-chief investment officer at Rathbones, and Louise Kernohan, manager of the BNY Mellon UK Equity and BNY Mellon Sustainable UK Opportunities funds.They discuss the what might happen to UK equities if US growth stocks continue to struggle, whether the UK remains too focused on income stocks, why fund managers often appear so much more bullish on the UK than investors and whether attempts to encourage more growth stocks to list in London are likely to work.The FTAdviser Podcast is the weekly 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 Financial Services Compensation Scheme levy may be one of the issues which most vexes advisers who run their own firms.Indeed the overall FSCS levy has increased in nominal terms from less than £300m in 2011-12 to an expected levy of £717m in 2021-22.The Financial Conduct Authority has accepted this situation is not ideal and it has admitted the burden of the levy has fallen on firms which have done nothing to bring about these liabilities.So now the regulator has set out plans to address this by tackling the root cause of high FSCS costs through a more stringent appointed representative regime, reforms to prudential rules and the prospect of a risk-based levy.This week FTAdviser digital editor Damian Fantato is joined by Tim Fassam, director of government relations and policy at Pimfa, and Claudia Clay, risk and regulatory director at The Private Office, to discuss the proposals.They discuss the FCA's proposal that high-net worth individuals could be ineligible for compensation, whether the scope of FSCS protection should change and whether a risk-based levy is ever likely to see the light of day.The FTAdviser Podcast is the weekly 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.

As interest rates start to rise, the prospect of lockdowns recede into the past and global economies reopen, the high-growth nature of emerging markets may become particularly relevant.But investing in emerging markets is not without risk and this week, FTAdviser special projects editor David Thorpe is joined by Fahad Hassan, chief investment officer at Albermarle Street Partners, Gustoavo Medeiros, head of research at Ashmore, and Zehid Osmani, who runs the Martin Currie Global Long-term Unconstrained Equity fund, to discuss the outlook for these regions.They discuss whether above-trend economic growth will necessarily be positive for emerging market equities, how tightening monetary policy in the developed world could affect emerging markets, and whether the outlook for China or the US will be more influential on emerging markets during 2022.The FTAdviser Podcast is the weekly 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.

2021 was a busy year for mergers and acquisitions in the financial advice market, with consolidation fueled by private equity money continuing apace.As well as the traditional consolidators, there is now a group of start-ups looking to build national financial advice businesses through acquisition.But how much longer can this go on for? This week FTAdviser reporter Sonia Rach joined by Louise Jeffreys of Gunner & Co and Heather Hopkins of NextWealth to find out.They discuss what is currently fueling the pace of M&A activity in the financial advice market, what might bring this activity to a halt and what the financial advice market might look like once it does start slowing down.The FTAdviser Podcast is the weekly 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.

As we head into 2022, the pandemic is still ongoing. Variants are still being discovered. Travel plans are changing all the time. The UK and indeed most countries around the world have moved to hybrid working. Meanwhile, advised clients have moved house, saved money, lost money, taken out protection plans, reassessed their retirement goals and now many may feel they are at a crossroads. Where do they go from here? What new plans will they have to make in 2022? Guiding them on their journey are trusted professionals, whose own working models have changed over the past two years.Tim Morris, IFA with Russell & Company, and Chris Jones, proposition director, for Dynamic Planner, discuss these topics and more with FTAdviser's senior editor, Simoney Kyriakou, in this latest In Focus podcast. Hosted on Acast. See acast.com/privacy for more information.