The Advice Show
Exclusive interviews and lively chat with a diverse mix of figures from the financial planning profession, personal finance and financial services.
Why wildfires are a burning issue w/Guillermo Rein
The last few years have seen a growing number of wildfires around the world. As well as major fires in Australia and California we have started to see more fires across Europe. A recent University of Reading report found that there was an increased risk of wildfires in the UK…
Life after Standard Life: Adviser platforms CEO Noel Butwell's big plan
Noel Butwell is CEO, adviser platforms at Standard Life Aberdeen. He looks after Wrap, Elevate and the adviser business 1825 and has big ambitions to number one platform of choice for advice firms. That, Butwell tells New Model Adviser editor Will Robins, would involve deep integration with back offices and…
Advisers 'crazy' not to embrace ESG considerations
In this edition of the NMA podcast, reporter James Fitzgerald speaks with Quilter Financial Planning investment director, Rick Eling, about the firm's new mandatory ESG assessment rules. Eling also claims that advisers who aren't taking ESG investing seriously will fall behind the pack as client demand for this area of…
IR35: 'Firms imposing blanket bans will lose out'
In this episode, reporter Laura Purkess speaks to Dave Chaplin, CEO of ContractorCalculator, about the reforms to IR35 off-payroll working rules, which came into effect on 5 April 2021. They discuss why the reforms went ahead, what contractors and businesses should do to prepare and what the future holds for…
Google & Facebook profiting from Gov't inaction on online scams
Online investment scams are on the rise, and there is an ongoing debate about who is responsible for taking them down. In this edition of the New Model Adviser podcast, reporter James Fitzgerald speaks with Tim Fassam, who is director of government relations at the Personal Investment Management & Financial…
Why I launched a support group for women under 30
In this episode, reporter Laura Purkess talks to Chanelle Pattinson, a financial adviser at P&P Invest, about Chanelle's new support group for women under 30 within the NextGen Planners community and why she set it up. They also discuss what it's like attending industry events as a young woman and…
Robo advice revolution to continue post-pandemic
In this edition of the NMA podcast, reporter James Fitzgerald speaks with Anthony Morrow, founder of Manchester-based digital advice firm Openmoney. Morrow tells Fitzgerald that the FCA is right that digital advice is the way forward, and has proven its value after every financial adviser in the country was forced…
Investing for new weather fronts
Changing weather around the world is affecting companies. From storms knocking out communication networks in the US, to flooding hitting supply chains in parts of the UK, businesses are having to adapt to the future. Alex Monk, co-manager of the Schroder Global Energy Transition fund, explains what this means for…
Budget 2021 recap: ‘Freezing allowances is a stealth tax’
In this episode, NMA reporter Laura Purkess speaks to Tom Selby, senior analyst at AJ Bell, about some of the biggest announcements in the 2021 Budget, including freezing the lifetime allowance and income tax thresholds, hiking corporation tax for bigger businesses to 25%, extending the stamp duty holiday and re-introducing…
Platforms' profits have led to PE takeover frenzy
In this latest episode of the New Model Adviser podcast, reporter James Fitzgerald speaks with Ben Hammond, platforms director at Altus Consulting. They speak about the inner workings of recent private equity deals for platforms, and what recent takeovers mean for platforms’ staff, advisers and clients. Hammond tells Fitzgerald that…
Verona Kenny: 'There's never been more interest in buying advice firms'
In this episode, reporter Laura Purkess talks to 7IM’s Verona Kenny about the biggest changes she’s seen in the advice profession over the course of her career. They talk about pension freedoms and the rise of responsible investing, as well as the growth and consolidation of advice firms.
Nationals' acquisition drought could last years
The Covid-19 pandemic put a stop to most consolidation and IFA buyouts last year. But although the vaccine means we may return to normality sooner rather than later, there are some who think the acquisition market may stay stagnant for a while yet. In this episode of the New Model…
The Balance - Episode 1: How my boss helped seizure recovery
Episode One. Welcome to a new ongoing series The Balance looking at real stories of personal difficulty within the advice profession and financial services. In this episode James Thorneley, former global head of media relations at Standard Life, recounts how he smashed his skull during an epileptic fit. He required…
No, minister: Gov't must take responsibility for the DB debacle
A breakdown of communication; failure to learn the lessons of the past; policy problems; improper planning; regulatory stalemate; and, of course, denial. A perfect storm involving all these factors and more led to what Personal Finance Society CEO Keith Richards now candidly calls a 'DB debacle'. In this episode, James…
ESG? I'd rather my fund manager had principles!
UPDATE: This is now the correct version of this podcast. Paul Jourdan, the Citywire AAA-rated manager of the Amati Small Companies fund, is unhappy that ESG is seen as a ‘special sauce’. Indeed, what does it say about fund managers if we are only now applying ethical criteria? Fellow guest…
How I help my clients claim on the FSCS
Advisers are used to getting frustrated about the Financial Services Compensation Scheme (FSCS), but few will be familiar with helping clients claim on it. The process is actually mercifully simple, but as Felix Milton discovered, there is more to the FSCS than just claims. When it comes to helping clients…
ESG in property funds: Hard but not impossible
Clients these days want to do good things with their money, and now that performance concerns have largely died off, ESG is enjoying its time in the sun. But that doesn't mean the due diligence is easy. Indeed, one area you might be less familiar with in the ESG world…
Antivax, risk & regulatory revolution – healthcare special
With several Covid-19 vaccines now approved for use in the UK, it seemed like a good idea to discuss healthcare on the podcast again. NMA editor Will Robins is joined by Citywire AAA-rated manager Paul Jourdan and ‘reluctant futurist’ Mark Stevenson to talk about the wider impact of coronavirus vaccines.
Inside EQ Investors' £350m impact portfolios
2020 was the year in which many investors wanted to make an impact with their funds. No one was better placed to explain why this happened than Sophie Kennedy, head of investments at EQ Investors. Kennedy takes us through the top picks in the firm's impact portfolios, and explains what…
Obama climate change adviser on giving ESG rules 'teeth'
'We're in a great place right now,' declares an ebullient John Morton. A former climate change adviser to president Barack Obama, Morton could not be more pleased to see Joe Biden prepare for the White House. Morton worked with Obama on his Paris Agreement legacy during his final months in…