Restricted advice group Towry is evaluating its house view on structured products and investment trusts following its acquisition of national IFA Ashcourt Rowan, in a move which could see the combined business registered as independent.
Lighthouse Group returned to profit last year with pre-tax gains of £600,000 compared to a £1.6m loss in the previous 12 months, latest results show.
Other RDR articles
Pensions freedom looks set to spark a renaissance in the advice market, writes Jon Everill...
In this week’s RP Poll we ask readers whether commission should be brought back in a limited form…
Simplified advice could include an element of commission on a limited range of products to ensure people can actually afford to see a financial planner, Sheriar Bradbury has said.
The head of the organisation charged with promoting and setting standards for financial planning around the world believes it is possible to communicate its value to a UK public already sceptical about broader financial services.
Adviser training and education is a fast changing world post-RDR, writes Nick French
In the third and final article in PA's 'empowering your business' series, Andy Coleman considers how to create a successful pricing model...
The Financial Conduct Authority (FCA) has outlined a number of good and bad practice scenarios around the design and delivery of ongoing advice.
Advisers are charging clients more post-Retail Distribution Review (RDR), despite falling product prices, a consultancy hired by the Financial Conduct Authority (FCA) has found.
The banning of commission on retail investments and the subsequent revelation of the "true cost" of advice has led some clients to consider the value of what their adviser offers, the Financial Conduct Authority (FCA) has conceded.
About two out of three financial advice clients receive ongoing services but only half understand what they are actually paying for, research from NMG has found.
The Financial Conduct Authority (FCA) has found increased professionalism in the advice sector and better disclosure of services and charges, but one firm has been referred to enforcement for "insufficiently engaging" with the Retail Distribution Review (RDR).
The Financial Conduct Authority (FCA) has declared the Retail Distribution Review (RDR), its "once in a generation" project to revamp the retail investment advice market, is working, though some concerns remain on the costs and labels of advisers' services.
Financial advice should be grouped by type of service and given price tags to break down the barriers consumers often face when shopping for it, Unbiased chief executive Karen Barrett has suggested.
Small firm consolidation in the financial advice market has yet to materialise as predicted because many owners are "hanging on" to the trail commission they earn on pre-Retail Distribution Review (RDR) business, according to one acquirer.
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