The Advice Show
Exclusive interviews and lively chat with a diverse mix of figures from the financial planning profession, personal finance and financial services.
55% of UK adults don’t trust advisers. How do we turn this around?
New FCA data shows that the lack of trust in financial advice is as bad as ever. With failed firms still phoenixing, questions over independent advice, and the promotion of unregulated advice, the challenges for the industry are clear. How can we turn this around? We’re joined by co-founder of…
EBI’s CEO: Great stock-picking is more luck than skill
In an uncertain macroeconomic climate, the passive versus active debate rages on. Evidence Based Investing CEO Craig Burgess told NMA reporters why his firm favours passive investing in this climate, and just how low EBI’s prices will go. NMA Reporter Zach Sharif is joined by NMA’s Senior Investment Reporter Nicola…
Cash profits, tech and consumer duty: what's next for platforms?
Parmenion’s Mike Morrow discusses Intelliflo’s partnership with SS&C, the FCA’s cash margin concerns, and the impact of consumer duty. He is joined by NMA reporters Zachariah Sharif and Alicja Hagopian.
'Suing advisers on a weekly basis': dispatches from the US advice market
In the US, numerous issues are plaguing the IFA (‘RIA’) marketplace. How can the UK market avoid those mistakes? In this episode, Citywire RIA editor Ian Wenik discusses the fallout from too much private equity money in financial advice, from a lack of IPOs to cultural issues.
Monthly Round-up: Odey investigation, Consolidators up for sale, and private equity’s threat to platforms
In our first monthly roundup, the NMA reporters explore industry gossip, the biggest stories of the last month, and what’s yet to come. Last month, Odey Asset Management founder Crispin Odey was ousted from his firm, following allegations of sexual misconduct from 13 women. NMA revealed that advice consolidator Perspective…
The financial planning aha moment with Dimensional’s Dave Butler
Dimensional co-CEO Dave Butler joined the Advice Show during his first visit to the UK since the pandemic to discuss financial planning, AI in investing, and how Dimensional navigated markets in 2022.
Custom indexing with Fundment CEO
Fundment CEO Ola Abdul chats custom indexing, the new service his platform launched last month, which allows advisers to tailor index funds to their clients need. Custom indexing has made a big splash in the US market, in this episode we ask Abdul if it will take off in the…
Why do deals break down?
Nowadays, deals are completed all the time in the advice market, with more money flowing in than ever before. But not all deals get over the line. Dominic Rose, CEO at MKC Wealth, has completed over 100 acquisitions. He joins NMA Reporter Zach Sharif to talk about his biggest frustrations,…
The murky world of investor stewardship and why IFAs should care
Most ESG portfolio managers have a policy to engage with their investee companies to influence positive change. But what does the engagement process actually look like?In this episode, CEO of impact-focused technology company Tumelo, Georgia Stewart, discusses why advisers should pay closer attention to the murky world of investor engagement.
How advisers can evidence ‘fair value’ under consumer duty
Holly Mackay and Ed Dymott explore the 27 drivers of ‘fair value’, and what clients are looking for from their advisers.
How the US debt ceiling crisis could impact portfolios
Will interest rates stay higher for longer? When will central banks pause rate hikes? Could the US government really default on its debt? In this episode of The Advice Show we ask David Page, head of macro research at Axa Investment Managers, to break down the macroeconomic unknowns affecting financial…
Why social care planning should be a top priority for IFAs
Ian Evans, head of later life advice at FiveWays Financial Planning, joins the podcast to discuss SOLLA, the Society of Later Life Advice. He discusses the lack of knowledge around social care, the abolition of the lifetime allowance for pensions, and consumer vulnerability.
The UK is ‘way behind’ on green investment, says former Lloyds chief economist
At Citywire’s Impact retreat last week , guest speaker Trevor Williams (former chief economist at Lloyds Bank) joined NMA reporter Alicja Hagopian to discuss decarbonisation, nuclear and sustainable development-- warning that the UK has a long ways to go to meet green incentives for investment in the US and EU.
What will the future hold for private equity?
Private equity investment has surged through the advice market in recent years. But Citywire’s widely-shared database shows that not all of these firms are performing well. Brian Hill, Head of Strategic Exits at the Exit Partnership, joins NMA Reporter Zach Sharif and Deputy Editor Jack Gilbert to chat about private…
+-rated Pidcock on investing in Chinese growth without China equities
In this episode, Jason Pidcock, manager of the £1.1bn Jupiter Asian Income fund, discusses divesting from mainland China’s equity market and the significance of macroeconomic and geopolitical risk for investment returns.
What will be in the FCA’s thematic review of retirement income advice?
NMA Reporters Zachariah Sharif and Alicja Hagopian explore retirement income with Stephen Lowe, group communications director at retirement specialist Just Group. We discuss what the FCA’s thematic review of retirement income advice will contain, the chancellor’s reversal of the lifetime allowance for pensions, as well as the state pension age.
Puma Investments: ‘We’re bullish on wealth firms for their service, not their scale’
In this week’s episode of The Advice Show, Puma Investments’ David Kaye and Joe Cornwall discuss the AIM-listed wealth firms they’re bullish on, why service comes before scale in financial services, and the risk/reward trade-offs in AIM investing.
How can advice firms design with vulnerability in mind?
NMA Reporters Zachariah Sharif and Alicja Hagopian explore consumer vulnerability with Junaid Mujaver of Newton Europe. Junaid is leading the firm’s online vulnerability assessment, using behavioural psychology to include vulnerable customers in their digital journeys. How can firms include vulnerable consumers in their thinking, particularly in light of the incoming…
How blockchain technology can change the wealth management game
Alex Cowan-Sanluis, CEO of Platform One, explains to reporters Chloe Meley and Zach Sharif how blockchain technology can reshape the wealth management industry, and the obstacles it faces on the way to widespread adoption.
Vanguard closes the door on UK advice
Mike Barrett, consulting director at the lang cat, speaks to reporters Nicola Blackburn and Alicja Hagopian about Vanguard’s foray into the UK advice market, and why the investment giant chose to leave it behind—for now.