A lack of regulatory guidance around insistent client handling could lead to the emergence of specialist firms who will seek to exploit retirees for a quick income, an adviser has warned.
Everything advisers need to know on equity release
When two friends collide: Catch up on our adviser charging debate
We are nearing the end, dear readers. After a week of hearty, healthy debate on whether percentage charging models are a "relic of a bygone era", we publish our experts' final statements. Who wins your vote?
Adviser insight: Sustainability of retirement income
Barclays has set aside an extra £800m to cover the costs of a probe into foreign exchange rate-rigging, its latest results reveal.
All advisory firms face the prospect of an interim levy from the Financial Services Compensation Scheme (FSCS) in 2015-2016 following a swell of claims related to self-invested personal pensions (SIPPs).
Single out what clients actually want and only charge for that, rather than 'pandering to the wealthy' with expensive packaged bank account-style add-ons, an advice firm has said, as it launched its 'manifesto' for the coming years.
A clampdown on suspected tax avoidance among taxpayers with rapidly rising wealth has netted HMRC an extra £11.5m since it began targeting the group in 2012, according to calculations.
Does a percentage-of-assets adviser fee model encourage contingent charging? Do fixed fees represent the ‘modern, professional way' to charge?