Advisers and commentators continue to debate just how much the impact of the lockdown will be permanent but there are risks to this new way of working.
Simon Read, writing in FTAdviser, considers a big shift in working practices for the financial services industry.
But Be-IQ director of behavioural insight Neil Bage warns advisers especially those using Zoom about an incident in which an IFA webinar with clients was crashed by someone who posted a very upsetting video.
He suggests that among other things IFAs buy the specific Webinar bolt-on if they are using Zoom.
The Times suggests an ownership revolution could help small businesses deal with their debts by paying staff less but handing them a share of the business. I am not sure this makes a great deal of sense for employees – well unless the action clears most of the debts.
Many key exams can now be completed online, the CII says. The professional body will contact more than 2,500 candidates who were set to sit written examinations on 6th and 7th July for financial planning practice (RO6), pension transfers (AF7), personal tax and trust planning (AF1), and financial planning process (AF5) to inform them they can now complete their exams online.
Many exams will have to be sat in person at some future date. The CII has also issued this guidance on remote invigilation.
In Money Marketing, Brand Financial Training’s Catriona Standingford takes a very empathetic look at the pressures of studying for exams in the present environment.
New Forest Wealth Management’s Adam Johnson has things to say about vulnerable consumers challenging the assumption that vulnerable means clients in their 90s but that for many reasons clients can become independently . I think it all need revisited in the post-virus era.
New Model Adviser looks at 10 taxation reforms which could pay for the COVID-19 response.
