RDR

The shift towards fees brought about by the Retail Distribution Review (RDR) could lead to a reduction in pension scheme member engagement, according to Capita's head of DC Paul Sturgess.

END OF DAYS

Network Tenet has reported a loss of £4.4m after making a £4.5m provision for claims relating to Arch Cru and Keydata.

The Association of Professional Advisers (APFA) has today urged the Financial Conduct Authority (FCA) to re-think its proposal of fees for the coming year, claiming that advisers were hit disproportionately hard.

OUTSOURCING

TRENDS

Royal London Asset Management (RLAM)'s Martin Cholwill has upped his stake in Brewin Dolphin as he backs three wealth managers to survive the post-Retail Distribution Review (RDR) world.

Charging fees at 'implementation' - or where a product is purchased - is a legacy of the distribution system and should be ditched, a financial services expert has said.

Legacy commission still accounted for more than half of adviser income at end of March, according to research released today.

PROTECTION