Monthly Archives: May 2016

The Early Bird approach to planning for old age

If someone is self-funding their care needs in old age, there are two ways that care can be paid for: out of income or out of capital. If you are paying out of capital, the costs could use it up faster than you think. Richard Watkins, financial planner at Close Brothers (a leading merchant banking group providing [...]

By | May 26th, 2016|Talking Points|0 Comments


People are living longer than ever before. The over 85 age group is expected to double by 2030. It’s likely that most people will live just as long in their retirement as they did when they were working and for many this means they will eat into their savings to supplement their income. Leaving an [...]

By | May 20th, 2016|Talking Points|0 Comments


BTS has run a series of RO2 Investment and Risk workshops for one of its clients in Edinburgh. The audience were second careerists with little or no financial services experience. 7 of the 8 students passed the CII RO2 exam first time around giving an initial pass-rate of 88%. Following an extra day’s revision with a [...]

By | May 18th, 2016|BTS News|0 Comments


Fears are mounting that the rapid rise of robo-advice has outpaced the regulator, risking unsuitable investment recommendations that advisers will ultimately have to pay for. The FCA has committed to launching a new robo-advice unit as part of the Financial Advice Market Review. The unit will be an extension of its ongoing Project Innovate to [...]

By | May 13th, 2016|Talking Points|0 Comments


Some years ago, financial regulators noted that many of the instances of bad advice that they had seen had been a result of the pursuit of commission payments. No surprises there. Responding to public outrage, the regulators decided that banning product providers from paying commission would ‘sort out the problem’. Unfortunately this produced an unintended [...]

By | May 6th, 2016|Talking Points|0 Comments


As part of a programme of workshops being run by BTS for one of its Wealth Management clients in Edinburgh a group of eight students sat the CII RO3 exam, and seven students have passed, giving an overall pass-rate of 88% against a countrywide pass-rate of 50.9% for RO3 in 2015.  Once again the tried [...]

By | May 5th, 2016|BTS News|1 Comment

BTS runs another successful RO6 workshop

BTS has just run an RO6 Integrated Financial Planning workshop prior to the RO6 exam for one of its large accountancy and financial services clients. This involved 15 students who are all working full time in an advice checking role within the organisation. As the results for RO6 take 6 weeks to arrive due to [...]

By | May 4th, 2016|BTS News|0 Comments