How big is the threat to trail commission?

Professional Adviser | 23 Apr 2014 | 11:23

The FCA is concerned there is no "end date" for pre-RDR trail income, but should advisers be alarmed? Robert Cochran assesses the facts and offers tips on how to protect your business...

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Former Competition Commission chief joins FCA

The Financial Conduct Authority (FCA) has appointed former chief executive of the Competition Commission (CC) David Saunders as a senior adviser on competition.

Professional Adviser | 23 Apr 2014 | 11:00
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L&G's Pollock: High street advice dead? It's alive and kicking

Predictions of a dearth of advisers and an ever-expanding advice gap were wide of the mark, but how consumers access advice may have changed irreversibly, writes John Pollock, chief executive of Legal & General Assurance Society...

Professional Adviser | 15 Apr 2014 | 07:47

Other Regulation articles

FSCS

Investment advisers hit with additional £7m FSCS levy bill

Most types of financial services firms will pay a lower than expected Financial Services Compensation Scheme (FSCS) levy for 2014-2015 after it cut its bill by £37m, but investment advisers face another hike in costs.

Professional Adviser | 15 Apr 2014 | 07:42
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Armchair Critic: The known unknowns of regulated online advice

Brendan Llewellyn, Professional Adviser's resident Armchair Critic, examines the viability of online advice models, and reaches what some might consider an inevitable conclusion...

Professional Adviser | 14 Apr 2014 | 16:25
checklist

Pete Matthew: Why we're still tweaking our fees document

Jacksons Wealth is a fee-based, RDR-friendly financial planning business. But, after making another tweak to its fees disclosure document, managing director Pete Matthew is beginning to wonder who it's really for - the client or the regulator?

Professional Adviser | 14 Apr 2014 | 15:47
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Adviser masterclass: How to explain fees to clients

Rebecca Jones investigates how advisers can satisfy the regulator while keeping things as simple as possible when explaining fees and charges to clients...

Professional Adviser | 14 Apr 2014 | 15:24
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Fraudsters target Axa Investment Managers

The Financial Conduct Authority (FCA) has issued a warning about fraudsters claiming to represent Axa Investment Managers UK.

Professional Adviser | 13 Apr 2014 | 21:53
fca

FCA inquirer Clifford Chance on regulator's s166 panel

Law firm Clifford Chance - which has been hired by the Financial Conduct Authority (FCA) to review its handling of the release of market-sensitive information to the press - is also a member of the regulator's panel of lawyers tasked with investigating financial institutions.

Professional Adviser | 11 Apr 2014 | 12:16
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Ten questions to prepare for your FCA review

All firms can expect an FCA assessment at some point in the next three years. Allen Swaine of TCC Intermediary, part of The Consulting Consortium, asks if yours is ready...

Professional Adviser | 11 Apr 2014 | 07:39
lord-myners

Lord Myners quits board at troubled Co-op

Lord Myners has announced his shock resignation from the board of the Co-op Group, leaving the mutual in the middle of a review into its future.

Professional Adviser | 10 Apr 2014 | 08:06
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Billingham: Small firms could be the real RDR winners

Smaller advisory firms have found it easier to implement changes introduced following the Retail Distribution Review (RDR) and stand to be the real winners from the overhaul, according to consultant and adviser Phil Billingham.

Professional Adviser | 09 Apr 2014 | 14:12
fca

Clifford Chance inquiry into FCA ‘could cost up to £10m'

An independent inquiry into the Financial Conduct Authority's (FCA) release of information about its investigation into the fair treatment of long standing life company customers could cost up to £10m, according to a costs lawyer.

Professional Adviser | 09 Apr 2014 | 14:11
Association of British Insurers logo

ABI and APFA join forces on tackling new tax regulation

The Association of British Insurers (ABI) and Association of Professional Financial Advisers (APFA) have issued joint guidance for advisers and insurers on complying with new tax information requirements.

Professional Adviser | 09 Apr 2014 | 12:44
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Hargreaves Lansdown receives 3,000 investment complaints, FCA figures show

Hargreaves Lansdown Asset Management received almost 3,200 complaints in the second half of last year, figures published by the Financial Conduct Authority (FCA) show.

Professional Adviser | 09 Apr 2014 | 09:34
ifp-logo

Accredited bodies disappointed by FCA fee findings

The Institute of Financial Planning (IFP) and Personal Finance Society (PFS) have said they are disappointed by Financial Conduct Authority (FCA) findings suggesting advisory firms, wealth managers and private banks are failing to disclose their fees adequately.

Professional Adviser | 08 Apr 2014 | 22:46
fca

FCA appoints law firm Clifford Chance to examine closed-book 'blunder'

Non-exec directors at the Financial Conduct Authority (FCA) have appointed Simon Davis, a partner at Clifford Chance, to conduct an independent inquiry into the handling of its announcement of a proposed investigation into the fair treatment of long standing customers in life insurance contracts.

IFAonline | 08 Apr 2014 | 14:29
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Not dancing yet: One adviser's caution over FCA long-stop promise

An adviser who has campaigned for the re-introduction of a long-stop on complaints against financial advisers reaching the Ombudsman has urged caution and patience after the Financial Conduct Authority (FCA) promised to revisit the issue.

Professional Adviser | 07 Apr 2014 | 22:22
fca

The cost of advice: Why are firms still failing to disclose it properly?

The Financial Conduct Authority (FCA) has found “unacceptable” failings concerning advisers’ disclosure of their fees and status and is planning to turn up the heat on firms to get it right. But what do advisers think is going wrong?

Professional Adviser | 07 Apr 2014 | 14:31
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Cost of advice: 11 things you need to know about the FCA's review

One financial advisory business is "likely" to be referred to the regulator's enforcement division for failings related to charges disclosure.

IFAonline | 07 Apr 2014 | 10:26

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