Profile
Location
Haddenham
Member since
2023

Darren's blog archive

2023 (2)
Darren Winfield

Darren Winfield

Insight Consultant at Defaqto Ltd
Message Message me Posts: 2 Comments: 0

Blogs

Personal Finance

Platforms and SIPPs - cash are they not interested!

12 Dec 2023

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 ...

Digital Banking, Mortgages and Savings

Why is Robo-advice so appealing for Gen Z?

06 Nov 2023

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...