Our thoughts on...

Searchers, choosers and reviewers – what do the FCA’s customer types tell us?

The final FCA Asset Management Review report has set off all manner debate about charges, closest trackers and more. At Space, we always like to listen to these big debates, which can translate into all manner of new rules and initiatives which eventually impact our clients. Yet in recent years, as the FCA has upped […]

Ten big discussion points from Space Money Talks “Financial Advice in a Digital World”

Ten big discussion points from Space Money Talks “Financial Advice in a Digital World”

We think it is safe to say that a large number of IFAs do not want nor indeed believe they need to embrace digital advice. The reasons – spelled out very clearly by Plan Money’s Peter Chadborn at our recent debate entitled “Financial Advice in a Digital World” – are clear. The prize […]

How do we measure robo-advice?

How do we measure robo-advice?

Measuring robo-advice is not easy to do at least not yet. Global consultancy A.T. Kearney may have hogged the headlines when it suggested that US low-cost robo-advice will have led to a spectacular $2.2 trillion being invested within the next five years. Yet it is probably wise not to read across too much to the […]

Automated advice and IFAs – evolve or sell for less?

Automated advice and IFAs – evolve or sell for less?

Space Money Talks has joined with Digital Wealth Insights to debate and discuss the issue of financial advice on 7th February. Register here to join us – spaces are going fast. We have also put together a series of videos to provoke some discussion before the debate. There are strong views across the market. Advisers who embrace […]

FAMR: do we ignore it at our peril?

FAMR: do we ignore it at our peril?

That was the title of the latest Space Money Talks debate. This time we didn’t just put the question to a hand-picked panel of industry leaders, we also gave our 60-strong invited audience a chance to air their own views on this thorny topic. And whilst the answer to the question from most contributors was […]

Get your financial advice here. No sum too small!

Do we need to question one assumption about the IFA market, that they won’t advise on small pots? The FCA survey of 233 adviser businesses suggests that surprisingly few advice firms have a minimum threshold on clients’ investable assets and that most advisers are reaching further down the market than might be expected. This is […]

The answer is 42%. Now what’s the question?

Advisers are always keen to know what their peers are doing in terms of business strategy and how that strategy fits with their overall approach to providing advice. Providers, who wish to maintain or win market share, are always eager for intelligence about the market too. The FCA has now provided some valuable intelligence with […]