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.
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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.
A tool allowing advisers to discover when providers will switch commission payments off on pre-Retail Distribution Review (RDR) business has been launched.
Aileen Lynch shares her insight on how different parts of the industry will be affected by FCA's clean share class conversion final guidance...
More than half of advisers believe the Retail Distribution Review (RDR) has benefited the profession with transparency ranked the most positive effect, according to Schroders research.
IFP chief executive Steve Gazzard on ‘regulated selling', advice versus planning and a new project dissecting conflicts of interest...
Policymakers missed an opportunity to narrow the advice gap by failing to make room for ‘regulated selling' in the RDR reforms, Institute of Financial Planning (IFP) chief executive Steve Gazzard has said.
The number of financial adviser has risen slightly in the post-Retail Distribution Review (RDR) years, though has dipped since January, new figures have shown.
Current very low volatility levels are masking true investment risk but stochastic models can assist advisers, writes Eric Armstrong
Janice Laing sets out the key points to bear in mind ahead of the looming platform cash rebate ban
The regulator must be more explicit in explaining what it wants and expects from advisers, or it will fail to achieve its aims, the chairman of the Association of Professional Financial Advisers (APFA) has said.
Financial Conduct Authority (FCA) chairman John Griffith-Jones has said he is glad the Retail Distribution Review (RDR) did not take longer than expected, and claimed it achieved its objectives despite failing to properly distinguish between guidance and advice.
Thirty-five hours of CPD is a pre-requisite for advisers post-RDR. But networks are forcing members to go a step further….
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