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Author profile

Carmen Reichman

Carmen Reichman

Carmen joined Professional Adviser in May 2013 following a brief stint on a private equity title. She specialises in regulation, and covers the networks and nationals patch.

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Articles by Carmen Reichman

Your profession

Chase de Vere appointed sole adviser to clients of new building society

National IFA Chase de Vere has teamed up with a newly launched building society to become the sole adviser to its clients.

clock 14 July 2014 • 1 min read

Regulation

Advice vs guidance: The FCA case studies

The Financial Conduct Authority (FCA) is consulting on the boundaries between advice and guidance after it found execution-only services have strayed into giving advice.

clock 11 July 2014 • 3 min read

RDR

Regulator's RDR costs jump 38% in a year

The Financial Conduct Authority (FCA) spent £3.3m on overseeing the Retail Distribution Review (RDR) last year, according to its annual accounts, a 37.5% increase on the cost of the rule change before implementation.

clock 10 July 2014 • 1 min read

Wrap/platforms

Zurich cuts initial platform charge in fee structure revamp

Zurich has overhauled its platform fee structure and announced a cut in its initial investment charge for all clients.

clock 10 July 2014 • 1 min read

Regulation

Chase de Vere cuts losses; makes £4m UCIS provision

National IFA Chase de Vere managed to claw its way back towards the black last year, but has been forced to set aside millions to deal with complaints from unhappy clients.

clock 08 July 2014 • 2 min read

Regulation

FCA confirms fees for advisers; will not reimburse 'overcharged' fees

The Financial Conduct Authority (FCA) has confirmed advisers' regulatory fees for the next year will be £68m - a near-19% reduction on last year, in its latest policy statement.

clock 07 July 2014 • 2 min read

Regulation

FCA spends £3m on legal battles against firms

The Financial Conduct Authority (FCA) spent more than £3m on legal representation in its first nine months in office, according to information published on 3 July.

clock 04 July 2014 • 2 min read

Investing in the profession

Former IFP president Julie Lord joins Towry

Former president of the Institute of Financial Planning (IFP) Julie Lord has been appointed as senior client partner at Towry.

clock 04 July 2014 • 1 min read

Wrap/platforms

Zurich: We'll have no part in platforms 'price war'

Zurich is not interested in participating in a platform price "race to the bottom", its head of retail platform strategy has said.

clock 04 July 2014 • 2 min read

Pensions

Advisers braced for decumulation advice spike after govt guidance - APFA

The government's guidance guarantee will result in more people seeking regulated financial advice on decumulation, with the majority of advisers stating pension pot size will not make a difference, according to research.

clock 03 July 2014 • 2 min read
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