People who take financial advice ‘£40,000 better off’

People who receive either independent or restricted financial advice are on average £40,000 better off than their unadvised peers, research by the International Longevity Centre-UK (ILC-UK) has found.

The research, supported by Royal London, found those who received financial advice between 2001-2007 had accumulated "significantly more" liquid financial assets and pension wealth than their unadvised counterparts by 2014.

The report ‘The Value of Financial Advice' examined the impact of financial advice on two groups - the ‘affluent' and the ‘just getting by'.

The affluent group was formed of a wealthier subset of people who were also more likely to have degrees, be part of a couple, and be homeowners.

FCA launches FAMR consultation

Oct 23, 2015 | By Spriha Srivastava

Consultation paper asks advisers for ways access to financial advice can be improved

The FCA and HM Treasury have launched a consultation paper giving advisers until 22 December to explore what can be done to improve customers’ access to financial advice.

New Model Advice Firm sets the pace…

Alexander House FS, the very first cloud-based National IFA, is having a very good year for showcasing the firms’ technology capabilities and advisors' talents.

Recently presented ‘Chartered’ status, the gold-standard in the financial services advice industry awarded by the CII, the firm has been sweeping up in this year's Industry Awards as well.

Home truths on the need for an office

Many businesses can operate very successfully without requiring their entire workforce to travel into a central office every day

Do you remember Reginald Perrin from the 1970s TV comedy? He was the stressed executive whose excuses for being late every morning from his suburban home ranged from the mundane to the ridiculous ("22 minutes late, badger ate a junction box at New Malden").

These days, many businesses can operate very successfully without requiring their entire workforce to travel into a central office every day.

Alexander House consultant wins newly qualified adviser award

Awards, People

Alexander House is proud to announce that Independent Financial Advisor, Gareth Higton has won the newly qualified adviser award category at this year’s Financial Adviser Life and Pensions Awards 2015.

At the event, Gareth was crowned as the winner of the newly qualified advisor category after impressing the judges with his technical knowledge, ability to provide the best quality client care and the work he has done supporting the new National IFA business in its early stages.

Summary of Budget 2015 at a glance

THE CHANCELLOR of the Exchequer, George Osborne, delivered his final Budget speech in this current parliament on Wednesday 18 March. Mr.Osborne said Britain was a ‘comeback country’ and introduced flexible Individual Savings Accounts, a personal savings tax allowance and confirmed a consultation into the re-sale of existing annuities.