As long as there have been financial advisers, there has been debate about how to plug the advice gap.But research has found that some 39m people have never sought any professional advice or guidance for their finances, and one in five advisers won't serve someone with less than £100,000.So there is clearly a gap to be plugged, but does the plugging of it fall to advisers? What role do providers have? And do the rules around advice and guidance help providers support their clients?This week Damian Fantato, digital editor of FTAdviser, is joined by Jamie Jenkins, director of policy at Royal London, and Prakash Chandramohan, director of strategy at Tisa, to discuss this.They discuss how the boundary between advice and guidance can be improved, how greater personalisation can help support savers who don't necessarily need advice, and why providers err on the side of caution when it comes to supporting their clients.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

FTAdviser Podcast

What role do providers have in plugging the advice gap?

Breaking up is always difficult. Quite apart from the emotional aspects, the financial aspects are particularly difficult for both parties, with division of assets often needing solicitors and court orders. Although there is a need for professional advice, too often people think they will simply split the assets - the man gets the pension; the woman (especially if she is the primary carer for the children) gets the house. Or the house might be sold and the equity split between the two. But these are not always the best courses of action; and while it may be a stereotype that the woman ends up with the house and the children, it is also true in the majority of cases. And this comes with its own problems on affordability, especially if the partners were not married. Talking to FTAdviser's senior editor, Simoney Kyriakou, about the issues facing women on divorce and separation are Abbie Hookway, managing director of touchstone education; Preeti Ferrier, area director for Just Mortgages; and Catherine Beaumont, independent mortgage adviser at London Money.  See acast.com/privacy for privacy and opt-out information.

How to help mortgage clients get back on their feet post-divorce

For the past four months, the rate of inflation has beaten the Bank of England’s 2 per cent target. Despite saying that this rise will be “transitory”, the central bank has warned inflation might soar over 4 per cent before the end of the year - meaning it could reach its highest point in a decade, and so far governor Andrew Bailey has not confirmed that rates will rise in order to tackle this.This week, senior reporter Sally Hickey speaks to Lawrence Cook, head of UK intermediary distribution at Sanlam, and Michael Copeland, senior area manager at Wesleyan, about how advisers should be planning for high inflation.They discuss whether inflation will continue to rise, how advisers should plan for it and which assets they should and shouldn’t hold.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

How will rising inflation affect financial planners?

Markets have been going through a turbulent period in recent weeks and, in part, this has been down to events taking place in China.Chinese equities have lost 11 per cent over the past three months because of concerns about an ongoing regulatory crackdown in the country. But these worries have been exacerbated by the liquidity crisis facing property giant Evergrande. Both of these developments have combined and rippled through global markets.What does this mean for investors, emerging markets and portfolios?This week FTAdviser special projects editor David Thorpe is joined by Mark Williams, manager of the Somerset Asia Income fund, and Abhi Chatterjee, chief investment strategist at Dynamic Planner.They discuss whether the turmoil represents a 'new normal', what lessons investors can take from this episode about China in particular and emerging markets in general, and whether the events of the past few months will have any long-term impact on portfolios.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

What's going on in China?

We've all heard the phrase 'people buy people'. But does this really apply to advising different genders? After all, a great financial adviser can deliver great financial advice to any client, regardless of their gender. But it is also true that there are additional benefits to an advice firm that can be gained by having a more diverse team. Moreover, there are sometimes particular sensitivities that women might face which would mean they are more comfortable with a female financial adviser. Talking to Simoney Kyriakou, senior editor for FTAdviser, for this In Focus podcast are Paula Hodge, chartered financial planner at Old Mill, and Zoe Dagless, senior financial planner for Vanguard Europe, who explain that greater diversity can bring greater strength.  See acast.com/privacy for privacy and opt-out information.

Why do we need female financial advisers?

Next year will see the launch of collective defined contribution pensions - at least one will come into existence when Royal Mail 160,000 employees move into this new type of scheme, but will others follow?CDC pensions aim to bridge the gap between defined benefit and defined contribution by having all employees pay into one massive pot from which their benefits are drawn.This week reporter Amy Austin talks to Simon Eagle, chairman of Willis Towers Watson's CDC working party, and Tim Middleton, director of policy and external affairs at the Pensions Management Institute, about what advisers need to know about these schemes.They discuss how many CDC schemes are likely to come into existence, transfers in and out of CDC schemes might work and whether CDC pensions are likely to be higher or lower than DB or DC pensions.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

Will CDC pension schemes take off?

On this week's podcast, senior reporter Amy Austin is joined by Steve Webb, former pensions minister and partner at LCP and Tony Mudd, divisional director for tax & technical support at St James’s Place. They discuss the government’s social care plans and how it is unlikely there will be any new products in the immediate future due to timing issues.  See acast.com/privacy for privacy and opt-out information.

What do the govt's social care reform plans mean for the advice industry?

We know there is a gender pay gap - and therefore there is a gender pension gap that needs to be filled. But often we forget that this lack of funding for women in retirement can also lead to a poorer outcome for women needing care in later life. So how can advisers help women get on a better financial footing in retirement? And what is needed to help educate female clients about their financial needs later on in life? Joining Simoney Kyriakou, senior editor of FTAdviser, to discuss these questions is Ben Mason, chief executive of Kinherit; Will Hale, chief executive of Key; and Tish Hanifan, founder of the Society of Later Life Advisers.   See acast.com/privacy for privacy and opt-out information.

How to approach later-life planning

Consolidation in the digital mortgage space has spiked in recent months as larger companies buy up the technology to service their own customer bases. Having attracted some hefty investments over the last year too - most notably the in August 2020, how much of a threat are these digital brokers?On this week's FTAdviser Podcast, reporter Ruby Hinchliffe is joined by Charlotte Nixon, mortgage adviser and protection proposition director at Quilter, and Billy Grimley, chief commercial officer at Smartr365.They discuss whether the rise of digital brokers is good for the mortgage industry, how big they might become in the mortgage broking market, what traditional mortgage brokers can learn from them and whether technology can help bridge the protection gap.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

Why Silicon Valley is the real threat, not ‘digital’ brokers

The re-opening of pubs and shops, as well as the return of international travel, might make some think the Covid-19 pandemic is moving into history.But the economic impact of the pandemic, and its impact on markets, has not yet fully played out, with the Bank of England yet to raise interest rates from their rock bottom position at 0.1% and the future direction of inflation uncertain as the re-opening of the British economy distorts the picture.This week FTAdviser special projects editor David Thorpe talks to Job Curtis, manager of the City of London investment trust, Gerard Lyons, chief economic strategist at Netwealth, and Stephen Snowden, head of Artemis's fixed income team, to find out what's going on.They discuss the role central banks and fiscal policy will have on the UK's economic recovery, the impact inflation might have and whether UK assets are priced correctly given the associated risks.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

How central banks will dictate the UK's recovery

The gap between those who need advice and those who can access it - the so-called 'advice gap' - is one of the long-standing conundrums the financial advice profession has faced.For some advice firms, the solution is to encourage more people into the profession to level out the supply and demand imbalance which has led to a surge in the number of advice academies being launched.So what role do these academies - many of which are associated with large, vertically integrated advice firms - have in the future of the advice profession? And what can individual advisers do to help expand the profession?This week FTAdviser senior reporter Sonia Rach is joined by Sarah Lord, president of the Personal Finance Society, and Matt Jordan, academy development manager at Openwork, to find out more about what the industry is already doing and what it could do more of.They discuss the growth of academies in the industry, whether it will help close the advice gap, what the next generation of clients will need and the importance of teaching soft-skills.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

What role do academies have in the future of advice?

Speaking on this latest FTAdviser In Focus podcast on the topic of how protection fits into family financial planning, panellists discuss why it is not just important to curate wealth, but also to protect the people bringing that wealth into the household.Tony Mudd, divisional director for tax and technical support at St James's Place; Kathryn Knowles, managing director at Cura Financial Services; and Alun Beynon, head of distribution for intermediary protection at Scottish Widows, tell Simoney Kyriakou, senior editor of FTAdviser, why it is vital to have those conversations about protection when it comes to family wealth planning. And for advisers who are not confident about selling protection, or writing life insurance into trust to help with later life planning, it is important to refer this to advisers who specialise in protection. "Write it, refer it - but do not ignore it" is the overriding message from this podcast.  See acast.com/privacy for privacy and opt-out information.

How protection fits into family wealth planning

Last month the Financial Conduct Authority warned that social media platforms were playing an increasing role in putting consumers at risk of harm through adverts for financial products and the rise of financial influencers - or "finfluencers".Advisers aren't immune either, with the regulator expressing concerns that the use of certain social media platforms by advisers wasn't always helping consumers.This week FTAdviser digital editor Damian Fantato is joined by Hugh Johnson, head of proposition delivery at Sanlam, and Alasdair Walker, managing director at HA&W, to discuss what advisers should do about this and whether social media is a good or bad thing for advisers and the wider financial services profession.They discuss whether the FCA is right to be concerned, whether 'finfluencers' are good or bad for the future of financial services, and whether it's important for advisers to put themselves on social media at all.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

The pros and cons of social media for advisers

As the world tentatively emerges from the pandemic, the thoughts of many market participants are starting to turn to the next phase of the economic cycle, and the potential for higher inflation to take hold and disrupt markets.In this podcast, Remi Olu-Pitan, multi-asset investor at Schroders, Chris Darbyshire, chief investment officer at Walker Crips, and Charlie Parker, managing director at Albemarle Street Partners, discuss the options for investors seeking to prepare portfolios for higher inflation. This podcast is sponsored by Schroders.  See acast.com/privacy for privacy and opt-out information.

Preparing portfolios for higher inflation

This year marks a decade since Vanguard's Lifestrategy range launched in the UK and to say the passive funds had proven popular would be to downplay the situation.The five multi-asset funds are now worth £29bn and earlier this year their monthly inflows hit £1bn.But Lifestrategy range, which costs just 22bps, isn't just popular with investors. Advisers have also flocked to the range over the course of the past decade, integrating it into their propositions. So, what effects has this had?This week FTAdviser digital editor Damian Fantato is joined by Graham Bentley, managing director of GBI2, and Mike Barrett, consulting director at the Lang Cat, to find out.They discuss whether Lifestrategy has changed the way advice is delivered, whether this has always been for the better and whether Lifestrategy's dominance is likely to continue.The FTAdviser Podcast is the weekly podcast for financial advisers, brought to you by FTAdviser. Each week, FTAdviser is joined by guests from the industry to discuss the week in news and pressing industry issues.  See acast.com/privacy for privacy and opt-out information.

Lifestrategy at 10: has it changed advice?

FTAdviser.com is the Financial Times’ specialist title dedicated to the UK financial intermediary market.Want to know what impact industry regulation will have? Looking for ideas for clients’ retirement portfolios?Download our engaging podcasts, designed to inform UK advisers on a range of topics, covering investments, mortgages, pensions, insurance, regulation and other key issues.

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