By MAX TENNANT 2020 will doubtless be remembered most of all for the coronavirus pandemic. But new research from the United States suggests it has also been a pivotal year in the evolution of values-based financial advice. JD Power says sustainable and socially responsible investing have shot up the list of priorities for financial advice and planning firms across the States. ESG is the second-most important factor advisers consider when evaluating a fund manager, right behin

By KATIE EARL We can expect huge changes to the way that UK financial advice and planning firms charge for advice and for asset management, a new study claims. The report by the Edinburgh-based consultancy The Lang Cat is entitled Serenity, Courage, Wisdom – disruption and innovation in retail investment pricing, referring to the multi-faceted approach it has taken to the findings of recent research. It examines four key areas of the industry to conclude that drastic price re

The global pandemic has placed all sorts of new demands on financial advisers and advice firms. It has required a whole new approach to communicating with clients. Lockdowns and social distancing restrictions have also created all kinds of new opportunities for engaging online. The internet has become an even more important, and powerful, tool for creating and establishing a presence. In a recent panel discussion hosted by the Insider’s Forum, experts and advisers noted how d

People in the UK need financial advice more than ever, particularly as coronavirus lays waste to the economy. Yet the gap between what they need and what services they are engaging has never been greater, according to a new industry survey. The annual Advice Gap Report by OpenMoney finds that much of the UK population was already in a precarious position before COVID-19 escalated — with too many not saving, too few planning their finances and not enough able to access regulat