RDR

CLIENT BEHAVIOUR

Insurer Zurich UK has reported a drop in income from its private client business following the ban on commission introduced as a result of the Retail Distribution Review (RDR).

The Financial Conduct Authority (FCA) is concerned about execution-only, or non-advised, sales and the commission payments that such transactions are still allowed to collect.

Aviva's Personal Pension and Scottish Life's Pension Portfolio were the two most commonly selected pension contracts by financial advisers over the previous 12 months, according to research from Capita Financial Software (CFSL).

Standard Life UK has reported a 28% increase in pre-tax profits for the first half of the year, with strong growth in assets under management and fee-based revenue.

CAP AD

STRUCTURED PRODUCTS

BARGAIN

SPACE INVADERS

MULTI-ASSET