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Darren Winfield

Insight Consultant
Defaqto Ltd
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01 Nov 2023
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Followed by John Sims, Martha Boyle and 5 others you follow

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Insight Consultant
Defaqto Ltd
To Present
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Latest opinions

Darren Winfield

Are adviser platforms still 'double - dipping' into your cash!

The FCA's 18th September response has clearly identified good and poor practice in their price and value outcome especially for adviser platforms following the FCA Dear CEO letter regarding potential harm to consumers (double- dipping) and ultimately providers not meeting the consumer duty standards which set out high and clear standards of prote...

19 September 2024 Regulatory Reporting

Darren Winfield

Platforms and SIPPs - cash are they not interested!

On the 12th December 2023 the FCA have written to adviser platforms and SIPP operators to ask why the interest rates on cash balances are so low in comparison to the Bank of England base rate (currently 5.25%) The Dear CEO letter points to consumer duty and the cross-cutting rules that expect acting in good faith, are not being adhered to and that ...

12 December 2023 Personal Finance

Darren Winfield

Why is Robo-advice so appealing for Gen Z?

Robo-advice, or digital wealth management, is gaining popularity, particularly with Gen Z, as a way for individuals to receive financial advice and invest their money using algorithms and technology through apps and web-based platforms rather than human financial advisors. As Gen Z continues to gain financial knowledge and independence, the adopti...

06 November 2023 Digital Banking, Mortgages and Savings

Darren writes about

  • regulation & compliance
  • wealth management
  • predictions

Darren's opinion archive

  • 2023 (2)

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