James Dingwall

Calling all smaller asset managers. The Independent Investment Management Initiative will be responding to the Financial Conduct Authority’s Call for Input on Consumer Duty. In their webinar this morning, Consumer Duty - 1 year on, they highlighted their desire to engage with practitioners on the TCD requirements with a view to staying focused on what is really required to improve customer outcomes. Culture is key and we know this isn’t a one-time piece of regulation but rather a long-term expectation of firms to continually focus on putting customers first. I look forward to hearing from you on your views. #consumerduty #culture

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David Smith, fund manager of Henderson High Income Trust plc, recently recorded a webinar with Investor Meet Company. Click the link to see David discuss the trust’s recent performance, how he is positioning the portfolio in 2024 and some key case studies to illustrate his investment approach: https://bit.ly/4d7TrW3 #JanusHendersonInvestmentTrusts #JHI #JanusHenderson #Investing #InvestmentTrusts #Stocks #MarketingCommunication For UK investors only. Capital at risk.

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David Smith, fund manager of Henderson High Income Trust plc, recently recorded a webinar with Investor Meet Company. Click the link to see David discuss the trust’s recent performance, how he is positioning the portfolio in 2024 and some key case studies to illustrate his investment approach: https://bit.ly/4d7TrW3 #JanusHendersonInvestmentTrusts #JHI #JanusHenderson #Investing #InvestmentTrusts #Stocks #MarketingCommunication For UK investors only. Capital at risk.

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David Smith, fund manager of Henderson High Income Trust plc, recently recorded a webinar with Investor Meet Company. Click the link to see David discuss the trust’s recent performance, how he is positioning the portfolio in 2024 and some key case studies to illustrate his investment approach: https://bit.ly/4d7TrW3 #JanusHendersonInvestmentTrusts #JHI #JanusHenderson #Investing #InvestmentTrusts #Stocks #MarketingCommunication For UK investors only. Capital at risk.

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Are you ready to elevate your Consumer Duty compliance game? Join us for a power-packed webinar where we unravel the secrets of flawless board report submissions and what you need to know about the closed products deadline.

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🎯 Struggling to convey the value of your financial advice to prospects? Join our upcoming Netwealth IQ CPD Webinar to learn how you can supercharge your client acquisition strategy. Understand barriers to engaging advice, and learn about key drivers of value to shift perceptions and convert prospects into clients. Join us on Wednesday 24th July 2024 at 12pm - 1pm AEST. Register with the link in the comments. 

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Retail data from the Confederation of British Industry (CBI) has highlighted a softening in retail sales in June, with a similar expectation for July, as "unseasonably cold weather” impacted. Read more on this and other news from the past week in our latest #NewsinReview 

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Investments are inherently built on trust. ▪️ Trust that an investment manager is going to deliver on investor expectations  ▪️ Trust that an investee is going to deliver on the business plan  ▪️ Trust that an investor is going to deliver committed investment capital  ▪️ And so on… In this week’s article, Shauna gives some concrete tips on how to build trust through being transparent with risk. #forestinvestment #naturalcapital #Timberlandinvestment #Timberland #ImpactInvesting #ESGrisk #investmentrisk 🔗 Link to the article below 👇

“Money doesnt recognise geography” This is a session hosted by national and international #investors at #climb24 We have over 200 investors from all over the world coming to find great businesses to invest in - and none of them care where they are based I am never going to complain about more money being invested in the region but #founders need to get their businesses in a shape to compete for investment on a national and international level The UK is the 3rd largest country for VC so we do have money on our doorstep Equally with our partners Department for Business and Trade we will be talking about how both funds and businesses can access international investment The challenge i think is that often businesses in the north just dont know what is available and how to access it Join us at climb24 on 5th and 6th june to lean - honestly everything you need is on your doorstep!!! And a ticket is less than the price of a train to london and a hell if a lot more fun !!!! UBS British Business Bank Innovate UK Innovate UK Knowledge Transfer Partnerships Department for Business and Trade VeUP Barclays Eagle Labs Squire Patton Boggs Lloyds Banking Group Mishcon de Reya LLP West Yorkshire Combined Authority Leeds City Council South Yorkshire Mayoral Combined Authority Nexus Leeds Leeds Digital Bobble AI Bionow GreenTech Gathering EHE Ventures Sure Valley Ventures Balderton Capital Beringea Eka Ventures Redrice Ventures Newlab Fuel Ventures 🚀 IQ Capital Albion Capital Group LLP YFM Equity Partners Foresight Group Equity Gap Par Equity River Capital Development Bank of Wales Oxx MERCIA INVESTMENTS LIMITED Maven Capital Partners Teampact.ventures Start Codon

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It was great to partner recently with our friends at FourthLine and Martyn Saville, Manager in the FCA's Consumer Duty Delivery Team to provide a regulatory update on Consumer Duty. The Board report has been a key focus for many, the below blog captures the key points shares and highlights the areas that firms need to consider. #Consumerduty #FCA #governance

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This is a really comprehensive document which will be really helpful to both DC schemes and master trusts. A good read!

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Financial regulations are continuously evolving, and the recent changes in the UK are no exception. These updates are set to reshape the landscape for financial advisers and their clients. The Financial Conduct Authority (FCA) has introduced stricter guidelines aimed at enhancing transparency and protecting clients. These changes include: - Enhanced disclosure requirements. - Stricter stress testing for investment portfolios. - Increased scrutiny on fee structures. For financial advisers, this means adapting to new compliance measures, revising client communication strategies, and reassessing portfolio management approaches. For clients, the benefits lie in greater clarity and potentially improved protection, albeit with increased due diligence. How do you see these changes shaping your advisory practices or investment strategies? Let's discuss. #FinancialRegulations #FinancialAdvice #UKFinance

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Things are ramping up for dashboards. PASA will be there for you to support you on your dashboards journey.

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“Financial regulator seeks to reduce burdens on firms and support growth” A cynical headline from the regulator?  (This is current today, when it is also delivering a report into Consumer Duty - Consumer Duty being a huge burden for firms.) Or a genuine attempt to help the firms it regulates? I’ve written before about how the FCA is obliged (under Sn1.2 of the Regulator’s Code) to reduce the cost of compliance for those that it regulates, because I have never felt that this was in the mind of any individual regulator I dealt with.  Generally, they simply don’t understand the damage they can do and are not trained to recognise it. However, there is much to like in this press release and its sentiments. There is a restatement of the FCA’s commitment to outcomes based regulation. It is asking for feedback on which rules could be simplified, after a period of years where is has predominantly been “telling” (via guidance) rather than consulting with industry, as it used to. It is celebrating its success in reducing queueing times for new authorisations (although when the benchmark is statutory deadlines, that is a low, low bar.) For my part, simplification of the rules and guidance is needed and this approach also supports their competition objective – which also is featuring today. If they can achieve that, they will reduce the burden and cost of compliance. Is that possible? I am not sure, but they should keep trying - so well done to the FCA for giving it a go. #Regulation #RegTech

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❗ ❗ ❗ "We plan to undertake multi-firm work to review consolidation within the market" ❗ ❗ ❗ Another FCA review on the way, this time for Financial Advisers and Investment Intermediaries. https://lnkd.in/eV8gRK2F Norman Broadbent Plc #FCA #Privatebanking #wealthmanagement #regulation #executivesearch #interimmanagement #massaffluent #hnw #uhnw

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With more upcoming Consumer Duty deadlines approaching, Model Office Ltd introduced our automated Consumer Duty Board Report last month. This innovative solution is tailored to consolidate adviser firms' data and MI into a comprehensive evidence-based report that aligns with all FCA Consumer Duty reporting requirements. Watch the video below to learn more👇 #RegTech

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Driving good outcomes. Underpin your centralised propositions with institutional-quality investment research. 📚 Pick multi-asset solutions ⚖️ Select discretionary MPS 🔧 Or build your own solutions Dynamic Planner. Helping you match people with suitable solutions, through engaging financial planning. https://hubs.ly/Q02ByBM20

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With most adviser firms yet to meet their Consumer Duty Board report obligations, Model Office Ltd has launched an innovative solution. Our new data driven board report, built on our action tracker, guarantees a comprehensive board report aligning with all FCA Consumer Duty requirements, at the simple click of a button. 🚀👇 #Compliance #FCA #Innovation #data #consumerduty

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