Half of financial advisers (50%) have predicted they will do less DB transfer business if the FCA's proposals on banning contingent charging fall into place, Prudential research has found.
Last month (30 July), the Financial Conduct Authority (FCA) expressed concern that too many advisers were delivering poor advice, much of it driven by conflicts of interest in the way they are remunerated....
Maximum 30% of redress
Third Covid-19 resilience survey sent to advisers
Rise in clone scams
Managers plea for clarity over passporting rights
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams