A total ban on contingent charging is unlikely as it might not work well for consumers, Personal Financial Society (PFS) chief executive Keith Richards told Professional Adviser.
The PFS chief pointed out contingent charging gives consumers an effective way to pay advice fees. "Contingent charging was in the regulator's sights prior to the implementation of the Retail Distribution...
40 complaints in less than a week
lang cat and Schroders speak about PROD
Regulator outlines adviser expectations for 2020
Financial wellbeing strategy launch
The Pensions Ombudsman (TPO) has rejected a number of complaints from members of the embattled and collapsed British Steel Pension Scheme (BSPS).
Sci-fi movies may have promised us some snazzy technology that hasn't quite come to pass, writes Simon Goldthorpe, but that does not mean financial advisers should dismiss the power of fintech...
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'Number of issues' found
Advisers can transfer assets themselves