Session 1 - The Great Reallocation: Rebalancing Maslow’s Pyramid

Most people know Maslow’s Hierarchy of Needs: the idea that fulfilment of aspirational wants comes only after foundational needs like food, shelter, and security are met. The same principle applies to countries. After years of prioritising higher order wants, many developed nations are now being forced to shore up the base, as the world shifts from global cooperation to national self-reliance. This reversal may be painful, but it also presents opportunities for investors willing to focus on needs rather than wants.

Learning objectives:

• Explore how national priorities are shifting from aspirational wants to foundational needs
• Examine how past capital abundance in some areas contributed to underinvestment in others
• Understand how market dislocations can create opportunities for investors

Speaker (Aberdeen)

Matthew Spencer, Head of UK Retail, Orbis Investments 

Matthew Spencer, Head of UK Retail, has been with Orbis since 2008 and has had a broad range of client-facing roles and responsibilities within the firm, most recently as leading the investment counsellor team which is responsible for servicing institutional clients and investment consultants globally. He previously worked as an investment analyst at Axis Specialty Limited and in the audit practice at PricewaterhouseCoopers. Matthew has a Bachelor of Accounting (Stellenbosch University) and is a Chartered Accountant and Chartered Financial Analyst.

Speaker (Edinburgh, Sheffield & York)

Rob Perrone, Investment Specialist, Orbis Investments 

Rob joined Orbis in 2011. He is a member of Orbis’ team of investment counsellors, with primary responsibility for covering the Global Balanced Strategy. Rob has a Bachelor of Arts and a Master of Arts from Carnegie Mellon University, and is a CFA charterholder.

Session 2 - Not quite advice, not quite guidance (Aberdeen & Ediburgh)

We are right in the eye of the storm as far as access to financial advice is concerned, with increasing numbers of people needing help with their finances but unable to find what they need in the way of support. The FCA is currently consulting on its plans for what it's calling a 'continuum of support', ranging from simple unpersonalised guidance to full, regulated financial advice. This will include a new concept known as 'targeted support' which aims to offer an option that will help fill the advice gap. Even advisers who don't plan to go down this route need to know what it is and what it might mean for their business.

Learning objectives

• Understand why the FCA and government are making changes to the regulatory landscape around financial advice, guidance and support
• Examine what is meant by the different concepts in the FCA's 'continuum of support'.
• Hear from the lang cat's research about what advisers and consumers think of the proposals
• Consider what the changes might mean for your business

Speaker 

Alison Gay, Senior public affairs consultant, the lang cat

Alison is senior public affairs consultant at the lang cat, the insight research and communications agency for the savings and investment industry. Before joining the lang cat in summer 2022 Alison worked at the FCA (and before that the FSA) as a policy adviser to the statutory Practitioner and Smaller Business Practitioner Panels, advising them on FCA policy development and feeding back their views to the regulator. Alison was previously a policy adviser at Aegon, focusing in particular on European regulation. When not at work she can be found running very long distances very slowly.

Session 2  - The risks of dealing with uncertainty (Sheffield & York)

Post Covid-19 risk landscape generally has risen, from geopolitical concerns to economic policies and investor perceptions of how risk is perceived. Do some asset classes now actually carry more risk than history would suggest and what can Advisers be aware of when seeking to limit clients’ investments to less surprising outcomes.

Our goal is to suggest and leave Advisers with some practical ideas and strategies to help navigate the uncertain waters that undoubtedly lie ahead

Speaker 

Ian Furtado, Consultant, The Adviser Centre

Ian has worked closely with The Adviser Centre team since 2018. He began his investment career at Barings and subsequently spent over 25 years working in the asset management industry in senior sales and marketing roles. Ian has also been involved in the management of institutional portfolios and is qualified to manage and advise on private client portfolios. He holds the Investment Management Certificate, is qualified through the CII as a Financial Adviser and presently operates as a management consultant to advisory firms in the UK.

REGISTER HERE

To register for a working lunch select the location you would like to attend below and enter your details.

7th October, The Marcliffe Hotel, Aberdeen

8th October, The Scotsman Hotel, Edinburgh

14th October, Tankersley Manor, Sheffield

15th October, The Grand Hotel, York

Please contact aaron.nursimooloo@incisivemedia.com if you have any queries.