New figures suggest the bigger your business, the less profitable it is likely to be. But why? And how big (or small) should a firm be to maximise profits? Rahul Odedra investigates…
Less than 5% of independent financial advisers (IFAs) will leave the industry after retail distribution review (RDR) implementation, although an increasing number are worried about profitability, a survey suggests.
A Financial Policy Committee member has branded lobbying tactics by banks against tighter financial regulation as "intellectually dishonest and potentially damaging".
The former chief executive of AIG is suing the US government for $25bn for its 'unconstitutional' takeover of the insurer in 2008.
The Financial Services Authority's (FSA) failure to clamp down on poor financial advice in banks and promote independent alternatives shows it is ‘hostile to consumers', it has been claimed.
The Financial Ombudsman Service has hinted at higher levies for the industry as a result of another spike in payment protection insurance (PPI) claims.
Nationals round-up: Hargreaves Lansdown criticised, another look at investing in technology and inflation assessed.
The Financial Services Authority has sought to calm any concerns advisers may have about getting their statement of professional standing (SPS), reminding them of the 60 day window they have after RDR-implementation.
Framing questions in the right way can completely change the relationship advisers have with their clients and get to the heart of what they need.