Miss anything? Yesterday's key stories

Scott Sinclair
clock

Another day, another FSA paper...

Tuesday 10 May saw the FSA publish further details on how it plan to collect (and use) data from adviser firms from 1 January 2013. Most significantly, it proposes firms break down their revenue from adviser charging in RMAR forms to include how clients paid for the firms' services. The move will help the regulator work out the average adviser charge and, ultimately, to spot any pricing anomalies which may hint at poor practice. However, FSA head of investments policy Peter Smith said the FSA would not use the data it collects to effectively control how much firms charge their clie...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Is being Chartered worth it? Breaking down the perennial dissensus

Is being Chartered worth it? Breaking down the perennial dissensus

‘Many non-Chartered advisers are just as competent as those who are’

Hope Coumbe
clock 10 May 2024 • 4 min read
Andrew Goodwin: Financial advice and the Evangelista effect

Andrew Goodwin: Financial advice and the Evangelista effect

'Future of advice lies in independence, approachability and affordability'

Andrew Goodwin
clock 10 May 2024 • 4 min read
Aviva integrates robotic process automation into platform capabilities

Aviva integrates robotic process automation into platform capabilities

Robotic process automation removes need for client by client process

Sahar Nazir
clock 09 May 2024 • 1 min read