News & Insights

Financial planning principals are continuously faced with the pressure of legislative change, and there is very little air time between articles referencing the Royal Commission, FASEA and other regulatory changes. These factors all have the ability to significantly impact profit, which can trigger advice firms to analyse and re-evaluate what’s important to their planning practice,..

It is frustrating to think that upper limits are set, not on the capacity to advise or the availability of new clients, but by interminable tasks and the need to generate pages of compliance blurb, which is often impenetrable or meaningless to the average investor. For those unwilling to accept this status quo, the only..

So where do you start in supporting innovation within your business? At Praemium, we’ve articulated 49 factors that contribute to our innovation philosophy. In this article, we will focus on three key factors which you can implement relatively easily and that could have a marked impact on innovation in your practice. Culture All businesses, even..

Taking client meetings online The coronavirus may be the catalyst for the move to virtual meetings, but there are many additional benefits to this mode of communication. Clients less able to travel to physical locations, such as time-poor or elderly clients, can make face-to-face meetings difficult to schedule. Skype and Zoom are two well-known telecommunication applications that can be..

The ratings are designed to give an insight into how advisers are using platforms and how well their needs are being served. This marked the first time Praemium had been included in the report. Advisers rated 19 platforms on key criteria and could rate up to five platforms. Praemium placed second overall, second in support..

Just as Amazon, Netflix and Spotify harness data to curate new recommendations based on your previous history, advisers can also leverage the wealth of data already available to them today, to help pre-empt client needs and provide valuable business insights. In an industry that is under the constant pressure of regulatory change, robo-competitors and compressed..

If you run an advice firm, you will be only too well aware of the challenges posed by the various degrees of lockdown restrictions imposed over the course of this year. Juggling temporary office closures, enforced remote working, Zoom and Teams meetings, while reassuring clients about the impact volatile markets were having on their portfolios,..

Back at the start of December 2019, the Bank of England, Prudential Regulation Authority and Financial Conduct Authority published a collaborative consultation paper proposing new requirements to strengthen operational resilience in financial services firms. At the time, the FCA’s chief executive, Andrew Bailey, said of the consultation: “It is in the public interest that a..

The past 12 months have unquestionably been dominated by Covid-19, but within the platform space, developments unrelated to the pandemic could have both short and long-term implications for the sector. M&A has been a recurring theme over the past few years, with many industry experts and commentators predicting a spike in activity. Recently such forecasts..

The service will include five fund-of-fund portfolios and four direct equity portfolios covering a range of risk levels, from Cautious to Adventurous, and are ethically screened from Light Green to Dark Green. Wayne Bishop, King & Shaxson CEO of Ethical Investing, commented, “Ethical investing is at the heart of everything we do, this is our..