A survey this summer revealed that 90% of advisory firms feel ready for the enforced rule changes relating to legacy trail commission. As of 6 April 2016, the sunset clause, will see the switch off of all legacy trail commission on platform and corporate pensions business. Whilst this is an interesting newsworthy statistic, it is important to note that that this percentage was based on a carefully selected sample size of just 89 advisory firms. The total number of financial

Amid the newspaper articles which debate whether non-adopters of robo-advice are headed for extinction, I was intrigued to read that the financial advice sector ranks close to bottom of the list of professions in which advisers are predicted to be replaced by machines. While I subscribe to the view that firms not embracing robo-advice ultimately risk losing market share, I do not believe it will fully replace skilled, professional advisers. I appreciate that tools offering a

I am encouraged by the recent research from the Prudential that states that the added complexity of the new pension freedoms increases the need for accountants and financial advice firms to work in partnership. The research reveals that some nine out of 10 advisers are likely to work more closely with accountants over the next two years. The financial services sector is more focused on removing risk from the advice process and joint ventures offer an increasingly relevant s