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Regulation

RDR

Providers reveal plans to increase direct sales

Leading product providers have revealed plans to increase their of direct business operations as they expect up to 10% of advisers to leave the industry due to RDR, according to confidential discussions with researchers.

clock 25 November 2011 •

Regulation

FSA: Banks must end 'free banking' myth

Banks must stop cross-subsidising products to claim some of them are free, a Financial Services Authority (FSA) director has said.

clock 25 November 2011 •

Regulation

Distributor influenced funds: A compliance lowdown

DIFs have been nudged back under the regulatory spotlight following a new conflict-of-interest warning last week, so what should advisers be looking out for?

clock 24 November 2011 •

Technology

Tech review: Avelo braces for a busy 18 months

With the Retail Distribution Review on the horizon, portal Avelo is gearing up for an aggressive growth phase, writes AT8 Group's Mark Loosmore...

clock 24 November 2011 •

RDR

Gill Cardy: We're not going to survive on good wishes alone

Gill Cardy has plans for the IFA Centre, the trade body she set up earlier this year, and first among them is to find out about her prospective members, she tells Alasdair Pal…

clock 24 November 2011 •

RDR

Advisers' RDR concerns switch to profitability after opting to stay put

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.

clock 24 November 2011 •

Economics / Markets

FPC member: Banks 'intellectually dishonest' in fight against reform

A Financial Policy Committee member has branded lobbying tactics by banks against tighter financial regulation as "intellectually dishonest and potentially damaging".

clock 23 November 2011 •

RDR

Friends reveals plans for assault on annuity market

Friends Life will widen its annuity product range and ramp up its consumer marketing next year in a bid to avoid losing its existing savers, and to capture more when it becomes an open market option (OMO) provider.

clock 22 November 2011 •

Regulation

FSA slated for failing to act against poor bank advice

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.

clock 22 November 2011 •

Regulation

Ombudsman signals higher levies as PPI claims soar

The Financial Ombudsman Service has hinted at higher levies for the industry as a result of another spike in payment protection insurance (PPI) claims.

clock 21 November 2011 •
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