Picking up from our first edition last week, here is our round-up of the articles and stories catching our attention at the moment – with some bonus stories from the weekend personal finance sections and beyond.
LANG CAT & CLIENT MENTIONS
PensionBee petitions government on ten-day pension switch guarantee
PensionBee continues its campaign to introduce a ten-day switch guarantee for pensions by launching an official petition.
Source: Money Marketing
Could deregulation go too far amid Reeves’ growth agenda? – FTAdviser
Alison a source in this piece.
Source: FT Adviser
AI in financial services: Hype, hope, or a bit of both?
Doug Bryce of Halo Invests offers some nuance to the debate around AI in financial services.
Source: Professional Adviser
FROM THE WEEKEND
How wealthy taxpayers are trying to shield their assets from an increasingly cash-strapped UK Treasury. Genuinely feels like there is a inherent fear of tax amongst some. And if you’re wondering … yes, there is, it’s known as Forosophobia
Source: FT
Boomers boosting savings pots for Gen-Xers and Millennials
A look at the wealth transfer and the potential £7trn expected to go over. That’s if you can get past the seemingly AI generated image.
Source: The Scotsman
ADVISERS
Winning back trust: How advisers rebuild client relationships after a breakdown
Professional Adviser speak to three advisers about their approaches when the client-adviser relationship becomes strained.
Source: Professional Adviser
MM Meets… Tom Hegarty: The lifelong investor with a passion for financial advice | Money Marketing
Interesting from a HomeGame 5 perspective that he distances himself from a notion that he “fell into financial services.” Indulge me and my inflation calculator for a second. The £30 his dad spent on shares on Man U would be actually closer to £100 in today’s money (assuming mid-eighties is1985). If we assume coupla thousand pounds can be safely rounded to £2k; that amount in 1991 would be more than £4.5k now, which is an extraordinary windfall for a kid of around sixteen (seeing he was 10 in the unspecified mid-eighties). I’m a lot of fun watching period TV or films.
Source: Money Marketing
‘Industry has done a woeful job of attracting women’ – FTAdviser
The industry has done a woeful job of attracting women, not just from a career perspective but a consumer perspective, according to Sarah Austin, founder of the Really Helpful Club.As opposed to the Really Unhelpful Club.
Source: FT Adviser
The Secret PE Consolidator: The dangers of getting too big
Even if a consolidator succeeds in scaling, risks come with a great size from retaining top talent to finding an exit, Citywire’s mysterious columnist writes.
Source: Citywire WM
PLATFORMS
Quilter reports £4.5bn core net inflows and adviser growth
The firm’s advised platform attracted £4.2bn in net inflows, a 92% increase on the same period last year.
Source: Professional Adviser
SAVING & INVESTING
Premium Bonds: Unclaimed prizes from NS&I draws pass £100m – BBC News
Calls to reform the system as there’s a belief not enough is being done to find the winners.
Source: BBC News
Retail fund inflows hit £2.9bn in first half of 2025
UK retail investors added £438m to funds in June, pushing total inflows for the first half of 2025 to £2.9bn, according to the Investment Association.
Source: Money Marketing
Whiskey blending archer joins Weatherby’s Private Bank
Considering he is a founder of Woven (an excellent Leith-based blenders by the way) who are Scottish, that would be W-H-I-S-K-Y with no ‘e’. While it is certainly true that whiskies outside Scotland may or may not include an ‘e’ (often to indicate a single malt, a bizarre amount of people think we have a monopoly on the spelling without an ‘e’), but any Scotch made to the SWA’s standards will always be W-H-I-S-K-Y.
Source: English Doughballs (Citywire WM)
REGULATION & POLICY
Millions in line for £950 payouts over car finance scandal
Despite the Supreme Court ruling that a wholesale compensation scheme wasn’t necessary. The FCA has indicated there is room, in the most egregious of cases where it feels its rules and the law has been broken, to provide compensation. The City’s lenders wait to see how deep and wide their pockets may have to be.
Source: The Times
FCA fines and bans Neil Woodford
As covered by our own Mike Barrett in TCWU.
Source: Citywire WM
Fos cases fall to lowest level in more than a year – FTAdviser
The Financial Ombudsman Service has seen case levels fall to their lowest level for more than a year, a few months after announcing it would start charging claims management companies £250 to refer a case.
Source: FT Adviser
PENSIONS & RETIREMENT
Gender pension gap almost closed for new retirees, data reveals | Money Marketing
The gender gap in state pensions has almost disappeared for today’s retirees, according to new data obtained by former pensions minister and LCP partner Steve Webb.
Source: Money Marketing
ECONOMY
Narrow BoE vote surprises investors amid expected rate cut
Investors were surprised by battle between the Bank of England rate setters which saw the much expected 25bp cut passed after two rounds of voting on a 5-4 split.
Source: Investment Week
Yippee.
Source: The Guardian
CRAZY CAT STORIES
Leonardo da Pinchy the cat steals neighbours underwear
Sounds like a bit of a pervert.
Source: The Metro
OUTSIDE THE TRADE
‘A yorkshire pudding like a dishcloth’: how did British pub food get so grim? | Pubs | The Guardian
I sympathise partly. I imagine it’s the Scot in me that sees food in pub as a novelty where nine times out of ten a toastie or dangerous looking pie (left for indeterminate period in a heater) can suffice. But then the fantastic Star Bar in Glasgow is famous for its £15 three courses and the food is serviceable. It’s also the last place I got a pint of Guinness for under £4. However, the consequence of food standards slipping is you end up with places like the Devonshire I see all over social media, which is really a pub-themed restaurant. Probably a good pub-themed restaurant, but not a pub. I don’t care if it’s London; if it’s a Mecca for food influencers then it’s boozer credentials are questionable.
Source: The Guardian
Sean McKinven is PR account executive at the lang cat
