Clients are getting older, on average. It’s an inescapable fact that I was reminded of this week with the launch by St James’s Place of its Care Concierge service, aimed particularly at clients over-80.

It was good to get away last week for a break to sunny Devon, beating the G7 hordes heading to the South West. 

I have to confess that I scratched my head this week when I heard the news that JP Morgan Chase was buying the loss-making robo-adviser Nutmeg.

The Personal Finance Society has always been something of a problem child for its parent the Chartered Insurance Institute.

As we reported last week, the CII’s recent crunch AGM saw a setback for rebels fighting against the deregistration of the Personal Finance Society.

This week I did something rather different. I put on a pair of black work shoes, a decent work shirt and a pair of trousers. I then went to my annual business meeting at our accountants.

The rules of financial regulation were effectively torn up and rewritten this week after the Government stepped in and launched a £120m compensation fund for victims of the London Capital & Finance collapse.

If there is one positive from the London Capital & Finance fiasco it is that the whole sorry business has prompted government and regulatory action to stop a repeat of LCF.

Unusually, a story from the professional bodies provoked a bit of controversy this week.

I am a great believer in applying logic and common sense to situations and avoiding panic. Unless you are in a burning house panicking probably never really helped anyone at anytime and even in a burning house I’m not so sure it would help.