Welcome to the March 2023 edition of EV FinTalk. Each edition provides a blend of news impacting the financial planning market, discussion around our latest viewpoints, articles from the EV team and guest content from our trusted partners. 

Viewpoints

Here are our latest viewpoints from the month:

Duty bound: The FCA’s tough take on Value for Money

The FCA has spoken recently about the importance of the value-for-money element of Consumer Duty. Andrew Storey, Group Innovation Director at EV, looks at how advisers can ensure they comply with the rules.

Unlocking the Mystery of Retirement Planning: Engage Consumers for Better Financial Understanding

David McDonald, Business Development Manager at EV, highlights how empowering employees and scheme members with the tools and knowledge they need to make informed decisions about their financial future can create a more financially secure workforce.

Firms must adopt hybrid advice if they want to attract the next generation

Check out this FTAdviser article by Chet Velani to learn how adopting a hybrid advice approach can position your firm for long-term success.

Guest Content

Here's a selection of content from our guest partner of the month:

Invesco has grown to become one of the largest investment managers in the UK. With clients sitting at the heart of the business, their capabilities have expanded to encompass a variety of investment styles, asset classes, geographies and products to meet a wide range of investment goals and the changing needs of investors.

Fixed income in 2023: Invesco’s flexible approach for navigating market uncertainty

We share our scenario analysis to help clients navigate an uncertain landscape. Our base case is that inflation has peaked – in which case we favour high-yield credit and emerging market assets. Should inflation prove more persistent, with a deeper recession on the cards, then cash and government bonds are the order of the day. 

Silicon Valley Bank collapse: What does it mean for interest rates, inflation and banks?

Silicon Valley Bank’s collapse is unlikely to create another financial crisis, but it does highlight the impact higher rates can have on banks. How are investors repositioning their portfolios in response?

EV Tech Talk

Discover a range of educational content, new features, innovations and integrations from our financial planning technology solutions:

Planning with Inflation CPD On-Demand Session

In this on-demand session, we discuss how advisers should take into account planning for high inflation, particularly for those in retirement.

To address this, Andrew Storey explores the following in his 25-minute session:

• The historic and potential levels of inflation
• The different types of inflation index
• How high inflation impacts retirement income
• How income sources are affected by inflation
• Maintaining living standards

Not only this but by watching this session, you will receive 25 minutes towards your CPD accreditation.

Want to deliver the best client outcomes?

Our EVPro software has been designed with the best client outcomes in mind and to deliver consistency to your advice journey from start to finish, negating the need to integrate multiple third-party tools.

Read more about EVPro here, and get in touch to arrange a demo by clicking the link below.

EV FinTalk will continue to include a range of insightful content throughout 2023.

Please get in touch with me via my email below if you would like to contribute.

Adam Robins  
Head of Content

adam.robins@ev.uk