The Financial Services Authority (FSA) has issued a new guide to consumers on the Retail Distribution Review (RDR), emphasising that financial advice has never been free.
Threadneedle is to roll out a range of commission-free share classes across the majority of its fund range, and waive initial charges for advised UK retail investors, as it makes its proposition ready for the post-Retail Distribution Review (RDR) world....
Financial services firms have warned the cost of complying with regulations after the Financial Services Authority is split next year could rise by 20%, according to a survey by consulting firm Protiviti.
Adviser and SIPP provider Mattioli Woods said the acquisition of Kudos Independent Financial Services 12 months ago helped boost its full-year wealth management revenues by almost 50%.