The practice of product providers facilitating the payment of adviser charges to IFAs is likely to "fall horribly on its face", just as it did in Australia a decade ago, according to a business consultant.
Zurich has seen a 4% rise in the number of income protection claims settled in favour of the claimant in the first six months of the year, paying out to 94% of cases.
Advisers' contributions to the Financial Services Compensation Scheme (FCSC) may rise if a Financial Conduct Authority (FCA) proposal to widen the number of eligible claimants in the event of an investment failure is approved.
Restricted advice network Openwork has reported its first ever profitable year thanks to a "more productive, better quality" adviser base.
Advisers could actually be confusing clients in the post-Retail Distribution Review (RDR) world as their pursuit to find ‘right product' gives customers too many options, delegates heard.
Brunel Capital Partners managing director Damien Rylett has won this year's "good egg" award, an accolade awarded in the memory of late founding member of the Institute of Financial Planning (IFP) Tony Sellon.
The Financial Conduct Authority (FCA) has sent emails to 120 advisory firms asking them to complete a questionnaire that will form the basis of part two of its three-pronged review into the impact of the Retail Distribution Review (RDR).
The Institute of Financial Planning (IFP) has announced this year's winners of its three main awards, which include the new paraplanner of the year award and the inaugural accredited financial planning firm of the year.
The Association of Professional Financial Advisers (APFA) has called for a lighter regulatory approach and a tighter grip by the regulator on product manufacturers.