“Advisers could be ‘locking in losses’ for their clients during pandemic, platform data suggests”

May 23, 2020 | Financial Services

There are many charts which show how ‘missing the 5/10/15 best days’ over the course of a number of years can affect the returns on your investments. When stock markets move, they move both quickly and unpredictably, as investors/sheep try to get on or off the bandwagon. That’s why most of those who try to be clever and ‘time the market’ end up losing out and the very few who get it right (like the Big Short guy) gain guru status for a while, until they get it wrong (remember Neil Woodford?) My advice, stay invested, and it will be alright in the end. And if it’s not alright, it’s not the end yet…

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“Simon Evan-Cook: FCA must wake up to consolidation damage”

“Simon Evan-Cook: FCA must wake up to consolidation damage”

This is where I can don my ‘been around the block, seen it all before’ mantle. What’s happening in our business/industry/profession at the moment is a lot of what’s become known as consolidation, big companies, many fuelled by private equity, buying up smaller firms or taking over the clients of retiring advisers.