Agenda – Tenet conference

11am – Jim Leaviss, macro-economist and head of fixed income for M&G Investments, said investors should look to global funds and predicted a housing market boom in the US, while warning that sterling was overvalued and that the UK could lose its AAA rating.

Noon – Shaun Crawford, global insurance leader for insurance at Ernst & Young, predicted independent and restricted advisory labels would disappear, and claimed the minimum qualification threshold would move to level six.

12.30pm – Keith Richards, group distribution and development director of Tenet, said the network would not be increasing its rates.

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12.45pm – Kay Ingram, divisional director of individual savings and investments for the LEBC Group, said the most important service an adviser must give to a client was “providing peace of mind”.

Paul Molyneux, director of Devon-based Molyneux Associates, said: “I need to be clear that we are partnering with an institution that can carry on and give us clear direction, which is what you expect from a network.

“I think Tenet has the structure and vision to take us through what are going to be awkward times.”