Podcasts about retail distribution review

This week FTAdviser deputy news editor Sonia Rach was joined by Alexandra Roberts, head of regulatory policy and compliance at Pimfa, Matthew Connell, director of policy and public affairs at the Chartered Insurance Institute and Andrew Green, head of compliance helpdesk at Threesixty Services to discuss the consumer duty and the impending July 31 deadline.Guests acknowledged some of the key challenges firms are facing ahead of the looming deadline and how they are preparing for it.Given it has now been 10 years since the Retail Distribution Review came into effect - which has been labelled as one of the biggest changes to the adviser marketplace - guests discussed whether the consumer duty will have the same impact and could transform the industry further.Connell said the consumer duty is the FCA:s focus on aspects of the RDR that are 'unfinished business'.The FTAdviser Podcast is the podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests for the industry to discuss the week in news and pressing industry issues. Hosted on Acast. See acast.com/privacy for more information.

In this episode of the FTAdviser In Focus podcast we assess the Retail Distribution Review 10 years on. The RDR was implemented on 31.12. 2012, introducing a raft of measures to make the advice market more transparent and professional, in order to inspire consumer confidence and trust. But while professionalism has increased there have also been a fair few scandals. Square Mile's Scott Dakers and Morningstar's Martin Coyle assess whether the RDR has achieved the goals it was designed to achieve. Hosted on Acast. See acast.com/privacy for more information.

On this episode of the FTAdviser In Focus podcast we take a look at the state of the adviser market 10 years after the Retail Distribution Review. RDR saw many advisers leave the industry, and while the industry as a whole has become markedly more professional since, there are still not enough people entering to replace those about to leave. Discussing the threat of a capacity crunch are Rachael Fennessey, founder of Aspire Executive Search, Edward Grant, director of technical connection at St. James's Place, and Amy Austin, news editor of FTAdviser. Hosted on Acast. See acast.com/privacy for more information.

This week we sit down with author, podcaster and go to girl on young peoples' money questions: Iona Bain. We discuss What first got Iona into working on the Young Money blog, highlights from a decade in the business, research on Gen Z vs Millennial habits and what that could mean for both saving and investing in the future. In addition we explore what do young people tend to “get wrong” when thinking about money and what Iona thinks is the biggest threat to young people's finances in the next decade. What first got Iona into working on the Young Money blog A lack of people speaking to her generation in a relatable way about money, plus being a way to learn. Highlights from a decade in the business Iona's appearance on Question Time, as well as mainstream financial press roles such as Financial Advisor, writing about investing through key events like the Retail Distribution Review and being in the newsroom the day after the Brexit referendum. Iona's recent research conclusions: Young people are most likely to suffer economic fallout from the current environment (particularly Gen-Z) alongside those approaching retirement. This poses questions as we come out of the Covid-19 crisis – how to redress the balance. Differences between Millennials (age 26-40) and Gen-Z (16-25) Gen-Z likely to be more adventurous and entrepreneurial, more likely to be enthusiastic savers than Millennials. Partly because they have seen Millennials get caught out and been affected by too bleak a picture post-2008. There are big changes in saving and investing over the last decade, only one banking app existed in 2011. Since then we have Monzo, Starling, Revolut etc exerting outsize influence in the industry. What do young people tend to “get wrong” when thinking about money Viewing it as a form of gambling and expecting instant results. What's the biggest threat to young people's finances in the next decade? A major stockmarket correction, and inflation. One thing for listeners to remember Mistakes are inevitable. No-one's perfect, we all make mistakes, what matters is we learn from mistakes and are committed to getting to grips with our finances. It's complex but also rewarding. Most underappreciated thing about investing It has genuinely never been easier to start investing. That has its dangers but the biggest problem is often overcoming apathy. Recommendations Money Week podcast with Merryn Somerset Webb The BBC history extra podcast Links to Iona's content: Young Money Blog Book: “Own It” Own it! Podcast

Ollie Smith is joined by LEBC director of public policy Kay Ingram to discuss the impact of the Retail Distribution Review on the cost of giving advice.

Let's talk Neil Woodford  Many of you will know Phil Oakley from the quality of the research, investment articles and investing presentations he has delivered and completed over the years. For those few of you that are not familiar with Phil you can find the  comprehensive interview with him here (https://www.conkers3.com/phil-oakley/)   that he gave on #CONKERSCORNER of his own insightful journey in the Investment industry and beyond. His insights and knowledge are sought after by institutions and private investors alike. Phil is currently the Associate Editor of the Investors Chronicle magazine. At the time of this interview, Neil Woodford's Woodford Investment Management and Woodford Funds, which had been championed by most investment media, platforms and analysts at launch, is going through an annus horribilis. This has culminated in Neil Woodford/Woodford Funds stopping investors from withdrawing their own money the Woodford Equity Income Fund. This suspension of access to funds has caused outrage and anger from large institutions, private investors and even the Fund Management industry. There is even talk of a potential formal probe by the FCA into the actions taken by the Woodford Funds. In this exclusive interview with Phil, who is a big fan of investing in quality companies over the long-term, we discuss the recent developments at Woodford Funds. In particular, its impact and the lessons learnt, as well as what could and should be done across the Fund industry going forward. Phil also explains how to select high quality stocks and gives examples of some stocks that could have long term growth and resilience.  Topics discussed include: Neil Woodford; Woodford Funds; Woodford Equity Income Fund; Assets Under Management; Fee structures; Fund charges; Funds structure; Fund Managers; Dividend paying equities; Unlisted/unquoted equities; Open ended funds; Close ended funds; Stocks; Shares; ETFs Hargreaves Lansdown; Treasury select committee; Platform fees; Marketing; Retail Distribution Review; Trailing commissions; Fees; Times of stress; Risk; Trackers; Active Managed Funds; iShares; Organic growth; Profit margins; Return on Capital Employed/ ROCE; Cashflow; Debts/Deficits; Fundamentals; Importance of research; Psychology; FOMO; Cognitive biases; Thinking Independently; High PE stocks; Moat; Amazon $AMZN; VISA $V; Mastercard $MA; APPLE PAY PayPal $PYPL Diageo #DGE; RM2; Redde #REDD; Dignity #DTY; KIER #KIE; Spirax-Sarco #SPX; Advantages of being a private investor; Run your winners; Learning; Investment Trusts; and more. .............................................................................................................................. Thank you for reading this article, we hope you enjoyed it. Please share this article with others that you know will find it of interest. Are you an institutional investor or private investor? What are your views or opinions on the current situation with Neil Woodford, his funds or the markets at present? Please lets us know. We look forward to hearing from you. You can find more research articles, interviews, podcasts, videos and investment insights on our website (https://www.conkers3.com/) and across some of our social media platforms that include Twitter (https://twitter.com/conkers3) , LinkedIn (https://www.linkedin.com/in/peter-higgins-308749131/) , AudioBoom (https://audioboom.com/channels/4937399) , iTunes (https://itunes.apple.com/gb/podcast/conkers-corner/id1384481834?mt=2) , YouTube (https://www.youtube.com/channel/UCw8ikDa5SMQ-W32UIpSKeVQ) and Facebook (https://www.facebook.com/conkers.corner.1) .

For ten years, Rory Percival was ‘the face of the Financial Conduct Authority' (FCA) for financial advisers. An influential speaker and thought-leader, Rory's technical expertise enabled him to play a significant role in setting the agenda for regulatory activity in the advice sector. The projects he was involved in included pension switching, the Retail Distribution Review and pension freedoms. In 2016, after an impressive 30 years in the financial advice sector, Rory Percival set up his own training and consultancy firm offering conference speaking, training, guides and consultancy. Despite being a Chartered Financial Planner himself, Rory sought advice to ensure that his retirement savings would last throughout his entire retirement – which he expects could be quite some years. In our interview, Rory explains the role of ‘core secure income' in bringing peace of mind, the importance of his ‘little black book' and why he wants to become a dog's body!

The way in which the public pay for financial advice for is changing from the start of next year as part of a far-reaching reform known as the Retail Distribution Review or RDR. The UK's financial watchdog, the Financial Services Authority has decided that financial advisers have to change the way they charge for their services. Rather than receive commission from a fund manager or pension company they must now agree their charges with you, the client, under a system known as adviser charging. The watchdog has also increased the qualifications advisers must obtain before they are able to practice. The new system comes into to force on at the start of January. If you have an IFA or financial adviser already or are planning to consult one about your financial planning needs in the near future, it may have implications for you. In this podcast interview financial journalist John Lappin talks to pension firm Aegon UK’s RDR expert Steven Cameron about the reform and what it may mean for you

With the Retail Distribution Review only months away, in the first of a series of interviews, financial journalist John Lappin talks to Aegon's head of regulatory strategy Steven Cameron to get his thoughts on the RDR and what Independent Financial Advisers should be considering as they finalise their plans for next year.