adviser charging

Financial planning business Informed Choice is overhauling the way it charges clients after admitting it had under-priced the advice element of its offering.

Some advisers are not transparent enough about their charges, leaving customers confused and unable to compare and contrast prices, the Financial Conduct Authority (FCA) has alleged.

BIAS

The majority of advisers are preparing to carry out extra platform due diligence following the publication of the Financial Conduct Authority's (FCA) platform paper.

The majority of advisers plan to move all their clients to an adviser charging model within the next 12 months, according to research by Skandia.

Aviva has introduced the option to add an on-going adviser charge to its new and existing investment bond contracts.

Retirement Planner's round-up of the top pension stories this week.

ART OF SALES

The Financial Conduct Authority (FCA) has issued a rallying call to advisers and the wider industry to help it regulate, saying it "can't do it alone".

CHARGING