Charging

Martin Sharratt, head of VAT at accountant and investment manager Smith & Williamson,

A campaign designed to tackle what it sees as opaque charging structures in the UK investment management industry was launched today by boutique wealth manager SCM Private.

The Financial Services Authority (FSA) has confirmed it will press ahead with the ban on commission, despite suggestions European Commission proposals could hamper, or even put an end to, its plans.

Wealth manager Mattioli Woods saw a 17% dip in profits in the six months ending 30 November as the group was hit by a slowdown in investment activity.

The asset management industry must create an industry standard to bring greater transparency to investment charges, Fidelity Worldwide Investment said today.

Paul Harrison, head of business consultancy at Prudential, explains how having a clear and open remuneration model can improve the efficiency of your business.

The overwhelming majority of advisers using platforms are still aiming to remain independent after the implementation of the retail distribution review (RDR), with only a handful looking to retire, it has been suggested.

The Association of Investment Companies (AIC) has devised a seven-step guide for advisers to help them prepare for the retail distribution review (RDR).

Five major providers have joined forces to agree a "shared" approach to facilitating adviser and consultancy charging.

With the end of commission in sight, Joanna Faith discovers the many and varied ways advisers can collect client fees.