The vast majority of advisers have faith they will adapt successfully to a world without trail commission, but one in ten say it could mean they cease trading, according to a survey.
Evidence of advisory firms and providers avoiding their obligations following the Retail Distribution Review (RDR) is harming the ongoing campaign to rebuild public trust in financial services, according to the Financial Services Consumer Panel (FSCP).
The Investment Management Association (IMA) has highlighted the scale of regulatory change that may be required if Scotland votes for independence, after revealing 11% of total fund industry assets are run by Scottish-based groups.
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Hargreaves Lansdown has reported a record pre-tax profit of £209.8m for the year to 30 June after it weathered the impact of changes to its charging model and falling returns on cash.
Product provider Aegon has distanced itself from a view attributed to its head of marketing that advisers have been "disintermediated" and that its future lies in direct relationships with consumers.
Almost half of advisers (47%) do not think consumer confidence in financial services has risen since the introduction of the Retail Distribution Review (RDR), according to Cofunds research.
In his latest monthly instalment, the CII's David Thomson provides an update on the key regulatory events of the past few weeks...
Small firms have seen improvements in the way the Financial Conduct Authority (FCA) communicates with them and said the regulator’s approach has become “increasingly proactive, proportionate and predictable”, according to a far reaching survey.
Just under a fifth of advisory businesses have managed to transition all their clients to a pure adviser charging model, according to a 1,000-adviser survey.
Restricted network Personal Touch Financial Services has incurred an additional £154,000 in costs relating to claims brought against the firm in 2013, its accounts show.
We can forget simplified advice without simplified regulation, writes Derek Bradley
AFH has bought out Edinburgh-based Finlay Gow & Company for £657,000 to enter the Scottish advice market.
Bradbury Hamilton’s Sheriar Bradbury asks if ever increasing calls for paraplanner qualifications are complicating their working relationship with advisers...
Clients have always come first at Almary Green, the award-winning IFA firm run by Carl Lamb. But the company’s ethos doesn’t stop there; helping the wider community is also a key part of the firm’s strategy…
The prospect of a 'regulatory dividend' for advisory firms - proposed by the Association of Professional Financial Advisers (APFA) - has been all but ruled out by the Financial Conduct Authority (FCA).
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