Nick Kelly: Dealing with culture clashes

There is so much diversity around us in business today. Each colleague has their own individual needs, skills, qualifications and expectations.

Some people we will click with, but others can be more challenging. We cannot understand why they struggle with certain problems, or perhaps we think they are rushing things or being overly demanding.

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.