FE has launched the FE Analytics+ Reduction in Yield Calculator for advisers, assessing the impact of costs on future returns with a single figure, rather than relying on product provider projections.
The Financial Conduct Authority requires advisers undertake appropriate cost comparisons, factoring in all costs, when recommending investments to clients. FE said the reduction in yield (RIY) calculation...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected