Tackling the advice gap: One solution at a time
Understanding the advice gap comes down to two important questions: what is stopping most people from seeking advice, and what do we do about it?
The Top Class Wednesday Update said ‘Cha! Cha! Cha!’
Mark looks at the role of adviser as manufacturer, or at least our evolving understanding of who does what and what regulations they labour under.
The Top Class Wednesday Update can also sit in a chair
There’s a huge gap (hey, good name for a report) between what people who’ve had real advice and planning think about it and what those who haven’t think about it.
The Top Class Wednesday Update isn’t even artificially intelligent
Let’s consider the pronouncements yesterday of Geoffrey Hinton, who stepped down from Google to be the equivalent of that scientist James Cromwell played in I, Robot.
The Top Class Wednesday Update’s second draft may say something completely different…
TCWU is mostly this week talking about pensions. But before we do, let us reflect ion the trials and tribulations of political party leadership.
The Top Class Wednesday Update needed the camper van for work, alright?
Mark reflects on Citywire’s good look at the (34 they counted) major PE-backed advice firms in terms of their deal flow, their financial health and more.
The Top Class Wednesday Update has the occasional existential crisis
You do realise Steve that all we do in this sector is make rich people a bit richer? This, clearly, is an offensively reductive view of the world.
The Top Class Wednesday Update traverses filaments of light
This week we’re talking about one of the few remaining truly opaque areas in this business we call show, and that’s the perennial issue of cash on platforms.
The Top Class Wednesday Update has checked down the back of the machine
It turns out that quite a lot of asset managers are still using fax machines. 62% to be precise. And the UK isn’t the worst – the USA and Singapore are up at well over 70%
The Top Class Wednesday Update only likes the right sort of friction
My mind has gone to places it shouldn’t thanks to the latest on the advice / guidance boundary review. It seems the game’s a bogey and it’s back to the drawing board.
