What's on my mind

Remuneration: have you got it right?

2nd September 2016

Remuneration is often a challenge for many intermediary firms principally to get the balance right between paying for results and retaining advisers and staff. The FCA and their predecessors, the FSA, have published guidance – see the article above – but how in practice should you go about setting and

Brexit – its impact is already making itself felt

17th July 2016

The outcome of the vote will have a significant effect on intermediaries, providers and fund managers and the FCA, whilst politically neutral on the issue of Brexit, confirmed in a statement on 24th June 2016 following the vote that: Brexit "has significant implications for the UK". It pointed out that much

How confident would you be of the outcome if the FCA paid you a visit?

15th July 2016

The need for intermediaries to be confident that their processes are robust and deliver consistent outcomes has never been greater. The FCA's steady stream of Papers (for the most part very readable despite comments from some to the contrary) is worth studying, in particular a number published since 2014:

  • Finalised Guidance


Culture and conduct are key

15th July 2016

Culture and conduct have been two of the most hotly debated terms in the financial services industry during the last few years. It is no longer sufficient merely to comply with the rules. The FCA now expects firms to take responsibility for establishing an ethical culture that entrenches good conduct

Just another year or “the year”?

12th July 2016

Is it "business as usual" in your firm or is this the year that you want “to make it happen" - be that changes/improvements in your firm, a change in your lifestyle or even perhaps a decision to start to plan for an eventual sale? My point is that businesses are

Compliance and the ‘business prevention’ barrier

7th June 2016

The two most angst ridden areas for intermediary firms are IT (principally back office systems) and compliance. If not appropriately configured and resourced, both can hold firms back from achieving their potential. In some instances, they threaten a firm’s very existence. This article focuses on the challenge of compliance but

Why succession plans should not be kept secret

9th March 2016

For most us there comes a time when we begin to think about retiring or at least doing less. For those of you running an advice firm there are other people to think about: your fellow directors or partners (if you are not operating on your own), your advisers and

The importance of detail

8th December 2015

The pressures placed upon the owners and senior managers of personal investment firms have continued to grow as a result of changes brought about by regulation. What some have failed to appreciate is what the consequences could be as a result of not paying attention to the detail when dealing

Writing & Speaking

To read the various articles and papers I've written in the recent past, please click here