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Wealth manager enters DB market with TVAS acquisition


Wealth manager enters DB market with TVAS acquisition
By
Michael Klimes
7
th April 2021
6:00 am
Wealth manager Arlo Group has entered the defined benefit market with its acquisition of Purely Pensions.
Purely Pensions will remain directly authorised and offer transfer value analysis report writing to third parties, among other defined benefit services.
Arlo Group also has an international advice arm that is split between UK clients and non-domiciled individuals.
The deal remains subject to FCA approval.
Arlo International managing director Jonathan Hives says: “We have invested into a company that have permissions to do DB transfers. This company has the Pension Transfer Gold Standard  and it is absolutely critical you take correct advice. ....

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The Morning Briefing: Coaching comes to the fore; DB dalliance


The Morning Briefing: Coaching comes to the fore; DB dalliance
By
Justin Cash
7
th April 2021
8:31 am
Good morning and welcome to your Morning Briefing for Wednesday, 7 April, 2021. To get this in your inbox every morning click here.
Coaching Comes To The Fore
We have heard a lot about the value of coaching for advisers in recent years. The argument goes that in the post-product, planning-focussed age, being able to understand your client’s emotions, how they feel about money, and how to change their behaviours with artful discussion skills can have a huge impact on their wellbeing.
The question for many planners has always been: how do we monetise it though? ....

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The Morning Briefing: MPs want answers on Woodford probe


19
th February 2021
7:46 am
Good morning and welcome to your Morning Briefing for Friday 19 February, 2021. To get this in your inbox every morning click here.
MPs demand answers on Woodford probe
Treasury select committee chairman Mel Stride has said the FCA should set out a timeline to complete its Woodford investigation.
The watchdog has confirmed it started the investigation into the Woodford Equity Investment fund the same month it was gated in June 2019.
The FCA is also reviewing the actions of Link Fund Solutions, which acted as the authorised corporate director for Woodford Investment Management’s funds.
In a letter from yesterday, Stride wrote: “The FCA should set out when we can expect its investigation to conclude.” ....

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Profile: 'Greater access to information has forced financial services to clean up its act'


Profile: ‘Greater access to information has forced financial services to clean up its act’ 
By
Amanda Newman Smith
12
th January 2021
11:39 am
The first step for many when buying a product or service these days is to trawl the internet looking at reviews or feedback left by previous customers.
The power consumers have in shaping a company’s reputation through very public opinions is something Arlo International managing director Jonathan Hives sees as aiding regulation in financial services.  
Heading up the UK-based international advice arm of wealth management firm Arlo Group, Hives has seen regulation tightened up globally, not just in the UK. This has been good for UK expats who have been fair game to offshore advice firms that have used aggressive sales tactics to gain business, provide unsuitable advice and charge clients an arm and a leg for the privilege.  ....

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