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Your profession

Your profession

Monetary value of advice is £100 a month, claims research

Research has put a monetary value of £100 a month on retirement advice, while claiming evidence shows people save more when advised earlier on in life.

clock 02 October 2014 •

Regulation

FCA to probe Tesco £250m profits accounting error

The Financial Conduct Authority (FCA) has opened an investigation after Tesco admitted it had overstated its half-year profits by £250m.

clock 01 October 2014 •

Your profession

Network boss calls on FCA to mandate full investment charge disclosure

Ian Cooke, chief executive of network Best Practice IFA Group, has called on regulation to force asset managers to disclose their entire charges transparently.

clock 01 October 2014 •

Your profession

PFS' Richards to advisers: Stop anonymous comments

Advisers should stop posting negative comments about the industry from behind a cloak of anonymity, chief executive of the Personal Finance Society (PFS) Keith Richards has said.

clock 30 September 2014 •

Regulation

Investment adviser charged with £1m fraud

A financial adviser has been charged with 12 counts of fraud amounting to more than £1m.

clock 30 September 2014 •

Your profession

Sesame reports 6% drop in membership as restricted transition completes

Network Sesame has seen a 6% drop in adviser membership following its move to adopt a restricted proposition, its executive chairman John Cowan has said.

clock 30 September 2014 •

Your profession

MAS apologises to PFS over adviser ethics comments

The Money Advice Service (MAS) has issued an apology to members of the Personal Finance Society (PFS) after seemingly questioning adviser ethics in a speech earlier this month.

clock 29 September 2014 •

Regulation

FCA says adviser costs could halve as it simplifies rules for RMAR reporting

The Financial Conduct Authority (FCA) has confirmed changes to the way it collects data from advisers in order to simplify the process, including by allowing them to report charging data on either a cash received or accruals accounting basis.

clock 29 September 2014 •

Your profession

Adviser noticeboard (29 Sep-3 Oct)

Our weekly heads-up on events, jobs and hires, plus some other bits and bobs for professional financial advisers...

clock 29 September 2014 •

Regulation

FCA warns of rise in firm cloning

The Financial Conduct Authority (FCA) has warned it has seen an increase in the number of regulated firms being cloned and wants firms to stay alert to the danger.

clock 29 September 2014 •
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