Avisers can sign customers up to adviser charging (AC) via the Skandia Investment Solutions platform from today.
The chair of the Financial Services Consumer Panel (FSCP) has said the FSA's two-page consumer guide to the Retail Distribution Review (RDR) does not go far enough to explain upcoming changes to financial advice.
Almost a quarter of UK advisers who charge £100 or less for their services face a 40% drop in income from 1 January next year as rules outlawing the payment of commissions to advisers come into force, research suggests.
Rathbone Unit Trust Management is to launch RDR-ready 'institutional' share classes across its fund range from 1 March.
It’s not difficult to imagine what your typical retail fund investor might say if asked whether he or she believes they are being charged fairly