Industry news and views from Panacea and our partners.
Technology_
Fidelity Adviser Solutions: Using technology to manage regulatory change
The regulatory burden on advice businesses continues to grow and grow. Firms are therefore increasingly using technology to help them meet their compliance obligations.
FundsNetwork: Cybersecurity among top business risks for financial advice firms
Cybersecurity is among the top three business risks for large advice firms according to Nextwealth's Financial Advice Business Benchmarks 2021. The sophistication and frequency of scams increased dramatically through Covid making protecting clients and client data a priority for many firms.
FundsNetwork: Security-related questions firms should ask their platform partner
Is your platform partner using strong enough measures to protect your firm and your clients' data from cybersecurity threats? We've created a checklist to help your due diligence, along with a whole host of cybersecurity resources.
FundsNetwork: Helping your clients stay cyber safe at home, online and on the move
In an increasingly digital and online world, its important that information and data is secured and protected. The best way to ensure your clients stay safe online is to make them aware of the threats and know how to counter them.
Orbis: The case for the not so boring middle
The past few quarters have seen a shift in market leadership, with technology stocks giving up ground to other, more cyclical sectors, prompting many to ask: was that it? Was that the turn we have been waiting for? And, if so, is there any further to run?
FundsNetwork: Protect your inbox from hackers
Email takeover is becoming a very common feature of financial fraud and advice firms and their clients are commonly targeted. The good news is there are some simple steps you can take to protect your email account from hackers. These can protect your inbox from unauthorised access, helping to safeguard your business and your clients from fraud.
AdviserTech LIVE! 2021: A new adviser mindset
Digital can transform the way you do business, youve probably already taken many of the difficult steps with video conferencing, document sharing, and e-signatures. However, there are many more efficiencies to be gained through selecting market-leading technology partners.
AXA Framlington Global Technology Strategy
Technology is driving change across the whole economy, offering investors exciting opportunities for growth. As people, businesses and governments adopt new technologies faster than ever before, technology is driving innovation in the economy, upending traditional business models and ways of operating.
ICO confirms the number one cause of a data breach is you!
At the end of October, the Information Commissioners Office released their latest security incident report, and its findings should really come as no surprise, given the challenges businesss and their employees have been facing in 2020.
Baillie Gifford: Scottish Mortgage will Ferrari challenge Tesla in the EV market?
Tesla is now the most valuable electric automaker in the world. But can Ferrari, the worlds leading luxury carmaker, become a serious challenger in the electric car market?
Nucleus is accepting e-signatures for new business and client instructions
Weve expanded our digital capability to accept e-signatures for new business and client instructions. Check out our guidance to get started.
Nucleus is accepting e-signatures for new business and client instructions
Use our e-signature process for a secure, paper-free and faster way to submit new business applications. Read our guidance to get started.
Nucleus is accepting e-signatures for new business and client instructions
Client protection is the top priority when choosing the right e-signature software provider. Our flexible approach means you can choose from a list of eiDAS approved providers.
Dynamic Planner: How have people felt about risk in 2020? And how can advice firms best manage it for clients in future?
The suitability of financial planning and advice has, again and naturally, come into sharp focus against the backdrop of broader events this year.
Nucleus Behavioural insight for advisers
Nucleus has teamed up with Be-IQ, the multi award-winning behavioural insights company to provide the worlds first behavioural insight service for financial planners and their clients.
Dynamic Planner: Solutions cater for clients taking regular income in retirement
Income in retirement, naturally, has always been a big issue for financial advice firms and, according to commentators, is only going to get bigger in the regulators eyes in future.
MoneyInfo: e-signatures its about time
Documents signed electronically - even when a statutory requirement for a signature predates the digital age - have legal force, the Law Commission says to clear up any lingering doubts over the issue.
FundsNetwork: Protect your client details from email hacking
With more people working remotely at the present time, FundsNetwork have created some useful reminders on how to keep your business and client details safe from fraudsters.
FundsNetwork: Do your passwords pass the password test?
Passwords are an obvious way to prevent unauthorised access, although they need to be strong, robust and ideally unique, to be effective. Staff should therefore be encouraged to take great care when setting security details. FundsNetwork have created a checklist where they've highlighted some important tips to promote password best practice.
Orbis Investments: When expectations and reality diverge
On July 17th, something odd happened in the stock market. Netflix released its quarterly results, reporting that revenue had grown by a whopping 26% year-on-year. That is equivalent to doubling revenues every three years, and it puts Netflix squarely among the fastest-growing 10% of companies globally. But stranger things have happened than Netflix growing quickly. Almost immediately, the companys stock fell more than 10%.
FundsNetwork: The top six ways to spot a phishing attack
Phishing is an attempt to gather personal information or to compromise technology for the purpose of financial gain or malicious activities. Everyday millions of phishing emails are sent out to unsuspecting victims all over the world. FundsNetwork have created a checklist to help you detect them.
FundsNetwork: October is Cybersecurity Awareness Month
Whats your firms cybersecurity strategy? How do you assess the security of your platform partners? Would you know how to spot a phishing attack?
Prudential: Will technology be the end for the advisers who dont embrace it?
What a concerning prospect; the speed in development of technology is such that some believe we are entering a fourth industrial revolution. The first being steam power, the second the application of science, the third digitalisation and the fourth artificial intelligence and machine learning.
Aviva Investors: Private wants, public needs: Creating better incentives for technology, pharma and infrastructure
With society facing many urgent and complex challenges, deciding who is best-placed to deliver solutions has become an emotive and often political subject. We assess whether there is a better way to utilise the skills and resources of the public, private and third sectors for the greater good.
Baillie Gifford: Space- the final investment frontier
Entrepreneurs on the west coast of America are stepping up spending on space. Luke Ward, investment manager, discusses how this new space age might impact investment in this episode of Baillie Giffords podcast Short Briefings on Long Term Thinking.
FundsNetwork: 10 steps to protect your business from a cyber attack
FundsNetwork have put together some easy and effective ways to reduce your firms exposure to cyber attacks based on guidance from the National Cyber Security Centre.
IFA Review for MyDocSafe
As a trainee IFA, I was given the task of focusing on GDPR and MIFID2. I set about reviewing from a number of various online e-signature portal offering secure methods of that would be suitable for us as a business to communicate effectively and efficiently with our clients.
Defaqto: Adviser satisfaction with service provided by DFM providers is growing, but leaves room for improvement
Are financial advisers satisfied with the service they receive? What areas of service are actually important to them? We asked advisers like you for their opinion, and compared the results to previous years. Heres what we learnt.
Aviva: How the technological landscape is changing the advice market
Keeping up with the latest technology and trends can help to give you an edge by unlocking new opportunities for your business. In a series of articles published by Aviva, Ian McKenna, Managing Director of FTRC, shares his views on how the technological landscape is changing the advice market, and what it means for you and your clients.
Webinar: Defaqto Engage Core and Intelligent Office integration
In this webinar for financial advisers and paraplanners alike, Roger Perry, Head of Intermediary Sales at Defaqto, demonstrates the two-way integration between Intelligent Office and Engage Core that allows you to automatically share the latest client details, plans and valuations between iO and Engage.
Aviva Investors: Sherpas or satnavs: The advisory conundrum
With robust tools and guides, investors can improve their chances of reaching their desired financial destination rather than taking a wrong turn.
MyDocSafe: Your front-office software suite
MyDocSafe is a leading provider of trusted e-signature, on boarding and client portal solutions for the professional and financial service firm market
M&G: The changing face of investing
The investment industry has gone through a myriad of changes since the turn of the 20th century, fuelled by innovation, technology, regulatory changes and evolving investor preferences. Kirsty Clark, Investment Specialist, discusses the key developments that have been the most influential in the evolution of the industry to date.
Baillie Gifford: Amazon Head in the Cloud
In the eyes of Amazon boss Jeff Bezos, the likely impact of the Cloud is still not fully understood. He sees it as a fundamental change in computing that will play out over decades. Scottish Mortgages Tom Slater considers the opportunities this might present.
Baillie Gifford: Amazon - Streaming the Future
Following a meeting with Amazon CEO Jeff Bezos, Scottish Mortgage manager Tom Slater considers the online giants prospects in the areas of broadcasting, music and gaming with a traditional media and entertainment industry thats in flux.
MyDocSafe: What is end-to-end encryption?
Although we do not expect our clients to know much about encryption, anyone dealing with numbers and technology is expected to have a rough idea about general terminology even if just to shine during a dinner conversation.
NS&I launches new online service for financial advice firms
NS&I has confirmed that it has launched a new online service for financial advice firms. Firms now have secure online access to information on their clients NS&I holdings for the first time, via a purpose built portal, designed and delivered to meet growing adviser expectations of NS&I.
Respecting client confidentiality...
Email remains the worlds preferred business communication medium with around 280 billion sent and received every day, however email is likely to be the most common chink in the armour as far as the security of any companys communication strategy given that it carries significant volumes of sensitive information!!
Webinar: Save time with new, two-way Dynamic Planner iO integration
You can watch a demonstration of the new two-way integration between Dynamic Planner and Intelligent Office iO on Wednesday 17 April 10am. In it, you will learn how to import a clients details from iO, risk profile a client in Dynamic Planner and make recommendations for an existing portfolio all the time ensuring the clients details in Dynamic Planner and iO remain seamlessly in sync.