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Your profession

Regulation

FCA accuses Arch directors of 'evasive' answers at Tribunal hearing

The Financial Conduct Authority (FCA) on Tuesday accused Arch Financial Products (AFP) chief executive Robin Farrell and former compliance officer Robert Addison of giving inconsistent and vague evidence in their appeal against a regulatory ban and fine...

clock 20 May 2014 •

Pensions

Aviva halts initial commission on workplace pension schemes

Aviva will stop paying initial commission to advisers on company pension scheme business from the end of this year.

clock 20 May 2014 •

Regulation

FOS resolves half a million complaints in 'unprecedented' year

A record year at Financial Ombudsman Service (FOS) saw 40,000 queries a week resulting in 512,167 new complaints during the past 12 months.

clock 20 May 2014 •

Your profession

Succession nets £80m FUM with two advice firm signings

Two advice firms have joined wealth management group and consolidation vehicle Succession Advisory Services, bringing £80m to the firm's funds under management.

clock 19 May 2014 •

Your profession

Adviser noticeboard (19-23 May)

A heads-up on product launches, charging tweaks, people moves and events for advisers...

clock 19 May 2014 •

Charging

Can this simplified advice model work?

Can this business model work?

clock 19 May 2014 •

Your profession

AFH acquires IFA Omega Consulting

IFA and discretionary wealth manager AFH Financial Group has acquired Norwich-based independent financial advice firm Omega Consulting in its second deal of the year.

clock 19 May 2014 •

Income

NEST: 'Comfortable' retirement income is £15k

People managing to achieve a retirement income of £15k per year will be "comfortable", according to a report by the National Employment Savings Trust (NEST).

clock 19 May 2014 •

Charging

IMA begins survey of fund manager pay

The Investment Management Association (IMA) has written to UK fund groups asking them to anonymously disclose details of salary structures following discussions with EU regulators.

clock 19 May 2014 •

Your profession

Half unprepared to pay for professional financial advice - study

A desire to be in control of their own finances is the most-cited reason among investors who declare they are unwilling to pay for professional financial advice, according to a poll.

clock 19 May 2014 •
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