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 […]

What does the future hold for financial advice?

What does the future hold for financial advice?

Find out at February’s Money Talks Forum where we are teaming up with Digital Wealth Insights. How has the financial advice landscape changed over the last few years? More importantly, what will the landscape look like in five years’ time? Will it be a case of same-old, same-old, business as usual? Or are we on […]

Thoughts on this year’s big U-turn

Five questions from the secondary annuity U-turn The year 2016 will no doubt go down in history for many notable events, but it will also be imprinted on the memories of some entrepreneurs because of the dramatic government U-turn on the secondary annuity market. The move certainly disrupted several business plans and, in the case […]

Will the public go for Robo-Advice?

Will the public go for Robo-Advice?

If you’ve been following our recent Money Talks debates and blogs, you’ll already know that Robo-Advice is a topic that’s guaranteed to throw up some very strong opinions from those of us working in the financial services industry. Stated bluntly, these range from ‘it’s the way forward’ to ‘it’ll never work!’ Whichever […]

Not as much help to buy as we thought?

Not as much help to buy as we thought?

Financial services firms have learned through hard won experience not to promise more than they can deliver to customers and clients. Yet the news this summer suggests an important segment of new customers may be about to get rather annoyed, although perhaps they should be directing their ire at the government this time. The Telegraph […]

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 […]