StuartBFM

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StuartBFM
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  • I find that I use the word that far more times than is perhaps necessary when writing reports and find myself deleting nearly all of them on a second read through.
  • Its an ISA that invests in the Prufund range through a life insurance policy. Its still an ISA in the hands of the client and I do not believe a local authority would let that one slide at all. That said, if he is so sure, I'd ask him to get a Pru…
  • @Theresa_Dixon Thanks, but its been nearly a year and its just been too much. As much as you might want to try and fix things, I am completely exhausted of dealing with issues. Had another pop up today on a GIA to ISA for instance. Even basic thi…
  • That's all well and good, but after what Aegon has done to the Cofunds platform and all the headaches I've had and continue to have with its functionality and reliability, Aegon has lost all credibility for me.
  • I'm sure it was this guy saying the same things at the Morningstar conference last summer and how advisor's tell him their biggest complaint is how much paraplanners cost. Aside from the content annoying me a bit, his manner was pretty arrogant. D…
  • Nope. Although I have so many now that I doubt I'd notice a few disappear. Time for a spring clean maybe. Has anyone other than you got access to file manager and accidentally deleted some?
  • Thank you Sir
  • This post has made me wish there was the ability to emojify a polite cricket applause
  • At 17 she could stick a good chunk in premiums bonds for a bit and help to buy ISAs are from 16 aren't they? so a bit in there too
  • The increase in salary is a bit of a red herring though. If you just look at the total input between that 120k to 130k increase its 156,667 to 163,333, which is 6666 difference and therefore a 3333 reduction in the possible contribution. 10000 = …
  • I'd need to see all your inputs into the calculator because that doesn't make much sense
  • I haven't yet but they are on my list of people to get in touch with. They have a lot of guides on the website. I just thought I'd see if there are any independent courses/training out there as well. Cash flow is very fashionable at the moment an…
  • So when you say treat bonds (and presumably pensions) the same way you treat MIFID investments, are you currently doing annual post cost disclosure reporting on those products and if so where are you getting the data from?
  • I'm interested in this too. I'm a bit grumpy about having to do 15hrs of it though, every year, in an area that doesn't have massive amounts of new stuff to have to learn compared to all the other aspects of our job that apparently only need 20hr…
  • I'm looking forward to the day the computers do everything for us and we can all go to the beach! Was at the morning star conference earlier in the week and one of the speakers said advisors were always asking if he can get them a robo-paraplanner …
  • We also use Volume now, but used to store everything on IO using Amazon S3, as the storage IO gives you is very small.  Technically if IO went pop you would still have everything stored on S3, but the web interface for that is just plain horrible an…
  • @benjaminfabi Technically you are probably spot on.  I'm certainly not doing that though, I'm just using the actual platform and adviser costs from transaction histories and then using the current OCF and transaction costs on the current fund value …
  • We are quite small, only look after around 40 clients, so all of this manually calculated disclosure is about manageable (its taking me away from GDPR atm but that's another headache).  How on earth are firms with 1,000's of clients coping with the …
  • Thanks for the replies, seems its not all as crystal as I was beginning to hope it was. 
  • For the effect of deductions FE has a new RIY tool that it is letting some people use that might be useful.  Just playing with it at the moment.  It lets you use an actual portfolio you have on the system, tells you the five-year annualised gain and…
  • So no unicorns then.
  • Oh and the client needs to be able to email us back using the same encryption ideally.  I'm leaning towards just sending everything by post, although first I'll need to deliver by hand a wax sealed envelope containing a cipher that will enable clien…
  • Thanks Richard, have been waiting on the details of that since missing the last MIFID one, caught up with the replay yesterday though.
  • I thought there was some revised guidance a while back that said it didn't matter anymore.  Can't find a good link though as the internet is full of 'its illegal...' hits. Best I can get is part 3 of this https://www.nationalarchives.gov.uk/document…
  • If you email me (stuart@bowdenfinancial.com), I'll give you the details of the person we contact,  I do not want their details on here though as they are busy enough!
  • Provider based tools should be the best option if they have them because they should also be taking into account any accumulation dividends and equalisation payments, which if you've ever had to do by hand for a client of 30 years is perhaps one of …
  • We use Intelliflo for our back office, which has an ID verification linked through GB Group. We pay per electronic ID check.  Other back office systems have similar I believe, although we didn't know about the one in Intelligent office until I start…
  • Hello peeps, I am Stuart.  We set up our own little DA firm in 2012, just the two of us, still growing slowly whilst spending plenty of time with our two-year old.  Doing less paraplanning than I used to, as compliance, accounts, backoffice, admin &…