Chloe Moran: Advice gap – opportunity or disaster?

A report published by Octopus Group at the beginning of August, reported that “almost a third (29%) of financial advisers polled said they expect to retire within the next five years, rising to 6 in 10 (58%) within the next ten.” This is “equivalent to more than 15,000 financial advisers leaving the profession out of a current total of over 26,600.”

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Chloe Moran: The importance of inter-generational planning

Financial Planning Today recently reported that a nationwide study for IFA network Openwork found just 15% of adults saw a Financial Planner regularly, with men more than twice as likely to receive support with their finances compared with women.

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Chloe Moran: Daily stresses of a Paraplanner

Financial Planning is a relatively unknown career path, and Paraplanning within that is even less well known. 

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Chloe Moran: Achieving Chartered status without a breakdown

I remember the first exam I passed towards achieving Chartered status, R02 Investment Principles and Risk, February 2014. Five years later and I’ve finally achieved Chartered status – something which feels like it has taken forever.

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Chloe Moran: My top Financial Planning wishes for 2019

As 2018 comes to a close and we look back over 2018 and the progress that has been made in the Financial Planning industry, now is a good time to think about what change we want to see in 2019.

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Chloe Moran: Ethics and profits - we can have both

“There is one and only one social responsibility of business – to use its resources and engage in activities designed to improve its profits so long as it stays within the rules of the game, which is to say, engages in open and free competition, without deception or fraud.” [Milton Friedman, Capitalism and Freedom, 1962.] How things have changed!

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Chloe Moran: Millennials, avocados and Financial Planning

Last year I read an article offering some advice to millennials from a millionaire, “if you want to buy a house, stop buying avocado toast.” Thank you Tim Gurner. I don’t think I’ve ever had avocado toast and I am yet to be a homeowner. 

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Chloe Moran: The true value of CPD

What is CPD? According to the Personal Finance Society: “Continuing Professional Development (CPD) is activity undertaken to ensure members' skills and knowledge are up-to-date.”

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Chloe Moran: Networking in the Financial Planning industry

When I was growing up, my parents often told me: “It’s not what you know, it’s who you know”.

Although still in the early stages of my career, the people I have worked with, or met in the industry have been central to my development.

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Chloe Moran: Qualifications versus experience

On 31 December 2012, the Retail Distribution Review (RDR) was introduced. It made clear how much consumers pay for financial advice, what they pay for, and improved professional standards by introducing a new increased minimum level of qualification for all Financial Planners. The aim was to professionalise the industry and I believe this was a good place to start in improving the reputation of the industry.

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