The Financial Conduct Authority (FCA) has proposed a 70% increase in authorisation application fees for advice firms as well as a proposed restructure of the charges.
In a consultation paper published today (19 November), the regulator laid out plans to change advice firm authorisation application fees. It said it was considering increasing these fees for new firms...
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