Category: Financial Wisdom

Analysis of the Financial Advice Profession Under Sir Keir Starmer’s Government With Sir Keir Starmer now formally appointed as the UK’s new Prime Minister, the financial advice profession is buzzing with anticipation and speculation. What will his new government mean for financial advisers, their clients, and the industry as a whole? Matt Wood, Managing Director…

Creating Effective Career Paths in Wealth Management: Advice from Industry Leaders In the competitive world of wealth management, attracting and retaining talent is crucial for firms looking to stay ahead. One key factor in this competition is the ability to provide clear career paths for young advisors and professionals. However, there is no one-size-fits-all approach…

The Importance of Wealth Management: A Guide to Growing and Safeguarding Your Assets “Brits who took professional financial advice for 5 years between 2001-06 enjoyed an average increase in their assets of nearly £48,000 after 10 years compared to those who took no advice,” according to a study by the International Longevity Centre in 2019….

Teaching Children Financial Habits: Tips from Experts Teaching children the importance of saving money and developing good financial habits from a young age is crucial, according to experts René Grobler and Brodwyn Von Brughan. They shared valuable tips on how parents can help their children become lifelong savers. Grobler emphasized the need for parents to…

Financial Advising and Building Trust with B2B Clients Financial planning is becoming increasingly important for individuals and business leaders alike, as revealed by the FBSV Financial Planning Global Consumer Research report for 2023. The demand for financial planning advice is soaring, with people realizing the need to invest in a trusted advisor for a secure…

New Rules for Fais Ombud: Compensation Limit Increased to R3.5 Million The maximum compensation limit awarded by the Ombud for Financial Services (Fais Ombud) has been increased from R800,000 to R3.5 million, according to new rules published by the Ombud Council. This significant change, welcomed by Fais Ombud Advocate John Simpson, aims to provide greater…

Ping An Insurance (Group) Company of China, Ltd. Explores Business Opportunities in China’s Growing Senior Population China’s Aging Population Presents Business Opportunities in Senior Care Services, Says Ping An Insurance Co-CEO HONG KONG and SHANGHAI, July 1, 2024 /PRNewswire/ — As China’s senior population continues to grow, the financial services industry is seeing a surge…

Understanding the Importance of a Code of Ethics in Business “Businesses Embrace Codes of Ethics to Ensure Integrity and Sustainability” In today’s rapidly evolving business landscape, maintaining honesty, integrity, and professionalism is crucial for organizations to thrive. One way companies are achieving this is through the adoption of codes of ethics. But what exactly is…

Exploring the Career Path in Compliance: A Guide for New Entrants Title: The Role of Compliance in Financial Services: More Than Just Following Rules In the world of financial services, compliance is often seen as a technical role focused on ensuring firms adhere to regulations. However, those working in compliance say it is much more…

The Rise of Finfluencers: Navigating Financial Advice on Social Media Finfluencers: The Rise of Financial Influencers on Social Media Social media has revolutionized the way information is shared across various industries, and the financial services sector is no exception. In recent years, a new breed of influencers known as “finfluencers” has emerged, leveraging their online…