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From Bach to Derulo, listen to our interviewees' favourite tunes

The big names in financial advice revealed their musical tastes. Now listen to the top tracks with our ultimate interview play list!

From Adele to Beethoven, via Coldplay and Derulo, the faces of financial services we have interviewed this year have proved they have an eclectic ear for music…

…and now it is your chance to hear what they are listening to!

To lighten up sometimes quite detailed discussions we ask our subjects to name whatever they are listening to most at the time (be it on MP3, CD or, as we suspect in some cases, vinyl record).

And we have uncovered quite a variety of tastes, with financial figureheads mixing RnB with high classical music, mainstream rock/pop and obscure indie. 

Click through to hear New Model Adviser®’s ultimate interview playlists…happy listening!

From Adele to Beethoven, via Coldplay and Derulo, the faces of financial services we have interviewed this year have proved they have an eclectic ear for music…

…and now it is your chance to hear what they are listening to!

To lighten up sometimes quite detailed discussions we ask our subjects to name whatever they are listening to most at the time (be it on MP3, CD or, as we suspect in some cases, vinyl record).

And we have uncovered quite a variety of tastes, with financial figureheads mixing RnB with high classical music, mainstream rock/pop and obscure indie. 

Click through to hear New Model Adviser®’s ultimate interview playlists…happy listening!

Campbell Edgar

Head of financial planning

Chartered Institute of Securities & Investment

In February we sat down with the man given the task of heading the CISI’s financial planning division after it merged with the Institute of Financial Planning (IFP) in 2015.

Campbell Edgar is in fact due to leave the CISI to return to retirement, having already briefly called time on his advice career before taking up the appointment. However, he had time to spell out the CISI’s strategy, which was to promote financial planning at wealth management firms. Arguably, though this plan has helped financial planning grow as a discipline, it has resulted in the financial planner faithful feeling neglected, though Edgar argued the reduction in branch meetings was just a quirk of the different way CISI delivered CPD.

As a man of refined tastes, Edgar chose a piece of classical music. So imagine you are in a well-heeled wealth manager’s office, sit back, and enjoy Bach’s double violin concerto in D minor

Read the full interview.

Jack McVitie

Chief executive

LEBC

As chief executive of a national IFA firm, what music would you stick on to wind down from a tough day devising ‘bionic’ robo-advice services, sorting out direct authorisation or fine tuning the pension transfer process? Rage Against the Machine? Ministry of Sound’s best of 1995 (actually a vintage year for dance music)?

No, no and no. McVitie is relaxing to the rich spinto tenor of Italian opera singer Franco Corelli. Corelli enjoyed a hugely successful career with the Metropolitan Opera in New York in the 1960s and 70s and here he is singing aria 'Ah, si ben mio. Di quella pira!' from Verdi's il trovatore

Read the full interview.

 

Martin Jennings

Chief executive

Parmenion

Jennings joined the Parmenion platform soon after it had been acquired by Aberdeen Asset Management. Now Aberdeen is merging with Standard Life, will the band stick together or will Parmenion end up as part of another project – just like Alex Turner, the Arctic Monkeys frontman who started another band The Last Shadow Puppets! The rock super group in fact has more in common with the Standard-Aberdeen plan to create a giant of asset management, so much for our tenuous link.

Jennings told us he is ‘looking at where the challenges are in the financial planning landscape’ for those approaching and ready to retire, adding that defined benefit transfers was ‘another area we are focused on’.

So enjoy our Last Shadow Puppets choice: ‘The Age of the Understatement’. 

Read the full interview.

 

Rob Dedominicis

Chief executive

GBST

Dedominicis heads up one of those all-important technology businesses which power adviser platforms from behind the scenes. The issue of replatforming has propelled these companies into the limelight. Replatforming programmes have a reputation for running late and over budget but GBST will be hoping for a better outcome as it moves flat-fee platform Alliance Trust Savings to its Composer software, as well as Aegon and Cofunds onto an Composer-based system.

Jason Derulo fan Dedomincis said it would be crucial to be on the ‘right side’ of consolidation, so it certainly will want to be wanted by platforms.

Read the full interview.

 

Phil Young

Managing director, Threesixty

We interviewed Phil Young soon after he announced he would step down as managing director of Standard Life-owned support services Threesixty. Not that heading up the business had ever really held him back from speaking his mind, but our interview sparked a deluge of angry comments and tweets when we quoted him as saying dealing with money and pensions is ‘tremendously dull’.

We know Young likes foreign films and obscure philosophy and his musical tastes are equally refined, as shown by his pick of singer-songwriter Laura Marling.

Young did not specify any particular song, but we though Marling’s ‘Rambling Man’ seemed appropriate.

Read the full interview

 

Paul Hogarth

Chairman

Tatton Asset Management

Paul Hogarth has experience of building companies up and selling them but this year took on the challenge of floating support services provider and on-platform discretionary fund manager (DFM) Tatton Asset Management on AIM.

In a previous attempt to float a company, IFA consolidator Perspective, in 2013, Hogarth had to admit defeat. Tatton floated on AIM in July, with a £51.6 million initial public offering, and he is confident it will be successful.

Appropriately Hogarth picked Coldplay’s recent album, A Head full of Dreams. Here is the titular track.

Read the full interview.

 

Adrian Grace

Chief executive

Aegon UK

Last year Grace was handed the task of integrating the newly acquired Cofunds business, in a move that makes Aegon the largest platform in the UK with £102 billion in assets. With long term plans to combine the two and eye more consolidation activity he will certainly be hoping the sky does not fall on his head. If the costs of upgrading technology and moving assets start spiralling anywhere near Old Mutual Wealth’s recent platforming exercise he will end up rolling deep in the do-do. 

Adele fan Grace was pretty blunt in telling us ‘D2C is dead’ so we thought ‘Hello’ would be fitting as a tribute.

RIP D2C.

Read the full interview here

 

Alex Cunningham

MP for Stockton North and Labour shadow pensions minister

Though admitting he had much to learn about pensions, Cunningham honed in on the cost of advice and said mass-market products would have to be invented if IFAs could not lower the bar to entry.

This interview was in February, a couple of months before the Prime Minister Theresa May announced her snap general election. At that point everyone thought it would be a Tory landslide, but in the end, Labour leader Jeremy Corbyn pulled off what would have seemed miraculous. Corbyn may not be the Messiah (more like a very naughty boy) but he avoided his party being routed at the polls and managed to force the Conservatives into a hung parliament.

Winning his seat back would certainly have made Cunningham shout ‘Hallelujah’!. So please enjoy the music of Handel while you read.

Read about Labour’s savings policy here.

 

David Richardson

Deputy chief executive

Just

Richardson told us he was listening to Radiohead’s OK Computer. An oddly grungy choice for Just, renamed after Just Retirement merged with fellow annuity provider Partnership, which completed in 2016. Maybe the Treasury’s U-turn on a second hand annuities market was still fresh in his mind. Still, he was bullish about the new opportunity in the annuities market now other providers had stepped back.

Just Retirement’s share price tumbled by over 40% on the day of George Osborne’s shock announcement of the pensions freedoms. So here is one of the best known songs from OK Computer: No Surprises

(For a bonus, we thought it was a shame Richardson did not choose a different Radiohead album, The Bends, which includes track called ‘Just’! Perhaps fellow annuity providers would not have appreciated the song’s sentiment…)

Read his interview in full.

 

Caroline Wayman

Chief executive

Financial Ombudsman Service

While working out how to deal with all those payment protection insurance complaints Wayman somehow made time for advice and her first priority in speaking to New Model Adviser® was to tackle the idea the FOS is biased against IFAs.

‘Advisers have nothing to fear from the FOS if they give suitable advice,’ she said. ‘Do that and make sure you follow Financial Conduct Authority guidance.’ See, it’s simple!

Uniquely Wayman’s choice of listening material was not music, opting instead for This American Life podcasts.

In the episode we have chosen, the question is asked: What is money? To take an apt quote: ‘all those assets used to be worth a certain amount, now they are worth a lower amount, simply because that is what everyone now agreed.’ A situation the FOS must encounter on a daily basis, not least with Sipp-held property investments.

Here is our interview

 

Zachary Gallagher

Chair, Association of Member-Directed Pension Schemes, director, Berkeley Burke.

The Sipp and SSAS industry has had plenty to deal with over the past few years, with multiple thematic reviews, new capital adequacy requirements and a persistent stream of Sipp-related complaints coming to the Financial Ombudsman Service and Financial Services Compensation Scheme.

Gallagher vowed to fight Sipps and SSAS scams and scandals currently plaguing his industry and to do more proactively to restore confidence. Gallagher told us he was listening Mark E Smith’s 1980s punk rock band The Fall. With his own firm Berkeley Burke still haunted by a still unresolved 2014 FOS decision, here is ‘There’s a Ghost in My House’ by The Fall.

Read Gallagher’s full interview.

 

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