Advisers' contribution to funding government retirement guidance service Pension Wise should be reduced because they are not benefitting from its existence as much as anticipated, according to the Association of Professional Financial Advisers (APFA)....
The Financial Conduct Authority (FCA) has banned and fined a financial adviser for making unsuitable recommendations of high-risk and often unregulated investments.
Hargreaves Lansdown has attacked the current Financial Services Compensation Scheme (FSCS) levy system as "placing an unfair burden on reputable and blameless firms" as the group anticipates a £4.6m bill.
The advantages of defined benefit (DB) pensions appear lost on some final salary savers who are frustrated by a government rule mandating they seek regulated advice before transferring out, research suggests.
Only 1% of savers have opted to cash in their pensions completely since the retirement 'freedom and choice' reforms took effect last month, according to the country's biggest retirement adviser.
A surge in demand post-RDR makes for positive headlines, but it also masks a bigger problem
Why the old life company service model just doesn't work
... clients will call you about this week
More than 600 adviser firms have been declared in default by the Financial Services Compensation Scheme (FSCS) in the last five years - an average of almost 130 each year - as the impact of a number of high-profile investment failures continues to take...
Financial regulators in the US are warning investors and advisers to beware the limitations of automated investment tools.