/ Whimsy

Sean McKinven’s Newsround: 26 May

Hello. What does it take to write well on anything? Short answer is “who knows”?

For a longer answer, some suggest looking at examples of writers who do an excellent job of communicating the complex simply.

This is not bad advice. I mean, it rules out most of the philosophy canon, but is certainly a valuable practice. But there is an underappreciated medium, and that is reading work by people who write in fields where there’s lots of saturation.

My favourite of these fields – just because I am me – is music and food. These are topics a lot of people like and think they know a lot about, which means there’s just a stream of content leading to some real dross. 

I may have been disparaging in the past about ‘finfluencers’, but you might think I am quite keen on influencers if you hear me talking about food influencers. I’ll spare you, but my thoughts align with this fella’s about London’s food scene. 

Even before we woke up and – to our collective horrors – found we inhabited a world in which food influencers were a thing, food and cooking was something of a saturated space. Music is much the same.

I am thinking of this because of the JP Morgan Summer Reading List that has been published.

There is not one novel, which is extraordinary in itself, but generally it just seems like a well curated list to arm the insufferable with garden party titbits. Admittedly, I am judging a lot of books without having read them, which is wrong, but it’s not so much the books themselves as the list is all pretty much the same thing. 

This is something I’ve seen before. No names will be shamed here, but I remember a summer reading list from last year which was awful. It also did not include a single novel, and in one section didn’t recommend a book at all. Instead it said something along the lines of: “Oh, this is a big topic of the moment, why don’t you just read any book about this topic?” Thanks mate, very helpful.

Anyway, the list itself is fine. And beyond aiding better writing, reading is and of itself a tremendous act. However, for me it would be good if these kinds of list went beyond chic non-fiction.

A bit of variety, at least one novel, stuff people may have fun reading and others that may challenge them. Particularly at a time when AI is disrupting attitudes towards information consumption, it’d be good if we encouraged proper reading. Then everything might be okay again. Maybe.

The News:

LANG CAT & CLIENT MENTIONS

Women in Financial Advice Awards 2026: All the nominations!

Congrats to oor Abbey, Nat and Jenny.

Source: Professional Adviser

How to pick the perfect pension provider

*Paywall

Source: Investors’ Chronicle 

Advisers warn against treating AI as a ‘magic solution’

SOTAN referenced.

Source: FT Adviser

The new Asian powerhouse investors can’t afford to ignore

7IM’s Ben Kumar talks about Vietnam.

Source: The Times

How SJP advisers are using Policy Services to pitch independent advice

Mike lends his thoughts.

Source: Citywire NMA

Origo launches LoA consortium with four major providers

Launched with Aviva, L&G, Royal London and Scottish Widows.

Source: Professional Adviser

‘Volatility laundering’: One wealth CEO’s problem with private assets

PortfolioMetrix CEO Alex Funk appears on the Heart of Wealth show.

Source: Citywire NMA

ADVISERS

Advisers voice concerns over private equity market consolidation

A report from Heligan Corporate Finance showed that the number of US private equity cookie monsters invested in UK adviser platforms rose from two in 2020 to 18 in 2025.

Source: FT Adviser

Dynamic Planner reports ‘positive sentiment’ across advice industry

Advisers generally chipper.

Source: Money Marketing

The future of paraplanning is a ‘mini universe of micro agents’

Huh?

Source: FT Adviser

Being able to make mistakes is ‘powerful signal of culture’

Agreed.

Source: FT Adviser

PLATFORMS

SS&C platform moves to monthly cash interest

Interesting.

Source: Citywire NMA

INVESTING & WEALTH MANAGERS

Wealth staff unhappy with pay – despite taking home £235k

Boo hoo.

Source: Citywire WM

FCA grills 40 MPS providers on co-manufacturing fees

Regulation and investing crossover episode.

Source: Citywire WM

REGULATION & POLICY 

FCA and Bank of England set roadmap for tokenised markets

Will be interesting to see how this develops.

Source: Money Marketing

Zopa joins list of firms approved for targeted support

Another one joins the crew.

Source: FT Adviser

FCA targets scaling firms with new support unit

It is imaginatively called the “scale-up unit”.

Source: Money Marketing

FCA: Robo-regulation a ‘wonderful opportunity’

Alexa, play Kraftwerk.

Source: Money Marketing

AI 

Prepare for an AI jobs apocalypse

An excellent article to come across at the start of the week.

Source: The Economist

ChatGPT launches financial planning tool in US 

US users can link their bank accounts and ask planning and investment questions.

Source: Citywire NMA

Half of wealth managers fear AI replacement, but new roles are emerging

Can’t think why.

Source: Citywire WM

AI is ‘a tool, not a decision maker’, says Fos

Regulation and AI crossover episode.

Source: FT Adviser

PENSIONS & RETIREMENT

Concerns over pressure to invest in UK assets, Pensions UK report finds

Members continue not to like this. 

Source: FT Adviser

Matthew Connell: Can simplified advice stop pension savings going backwards?

This one filed in evidence against Bettridge’s law of headlines.

Source: Money Marketing

‘We are already in a pensions crisis’, advisers warn after commission report

Oh, good.

Source: FT Adviser

Retirement incomes and gender pensions gap driven by job history, DWP finds

Pension outcomes are shaped by stability of savers’ working lives rather than their engagement with savings, according to the industry. Good thing there isn’t any potential disruptive technology on the horizon that might threaten job stability.

Source: FT Adviser

Landmark Commission calls for pension freedoms shake-up

Pensions and policy crossover episode.

Source: Citywire NMA

TRADE & ECONOMY

Workers face worst squeeze on real pay since 2022 as inflation rises

Excellent.

Source: The Times

UK service sector activity slumps in one of sharpest declines for a decade

Firms hit by “perfect storm”.

Source: The Guardian 

CRAZY CAT STORIES

Lincoln the Hornsea Tesco Cat takes on the book charts

Morningside Maisie has a rival.

Source: BBC News

OUTSIDE THE TRADE

JPMorgan’s 2026 summer reading list

The list in question.

Source: CNBC

Sean McKinven is PR account executive at the lang cat

/ Blogs

Impact of poor service

/ White papers

The Impact of Poor Service

We provided the research for a report, in conjunction with Parmenion, which reveals how far short of expectations many adviser platforms are falling. The research found that over the last 12 months, 88% of advisers needed to apologise to at least one of their clients on behalf of a platform, and that poor service delivery from platforms impacts 91% of advisers every day.

Impact of poor service

/ White papers

The Impact of Poor Platform Service

We provided the research for a report, in conjunction with Parmenion, which reveals how far short of expectations many adviser platforms are falling. The research found that over the last 12 months, 88% of advisers needed to apologise to at least one of their clients on behalf of a platform, and that poor service delivery from platforms impacts 91% of advisers every day.

/ White papers

Answering the Call

Service means a lot of things to a lot of different people. It’s so subjective it can be hard to put your finger on. This paper aims to challenge the status quo and inertia that’s built up in the sector for many years.