adviser charging

Keith Churchouse, director of Chapters Financial, plans to launch a simplified advice platform in the New Year after earlier putting the project on hold.

The Financial Services Authority (FSA) has written to providers and platforms expressing its concerns about facilitating adviser charging payments.

More than six in ten investors would stop using their independent financial adviser (IFA) if they were to begin charging on an hourly rate, research has suggested.

Axa has finalised its adviser charging structure on the Elevate platform, with five different ways to charge clients, including an ad hoc payment option.

The middle 60% of an adviser's client bank tends to be the "most difficult to service", meaning their work for them is often "reactive", business consultant David Shelton has said.

The managing director of Sense Network has said that he has "grave concerns" regarding the readiness of product providers for the Retail Distribution Review (RDR).

The Financial Services Authority (FSA) has defended its decision to warn providers and advisory groups about securing "distribution agreements" which may appear to be commission by another name, saying it has evidence of deals which have raised its suspicions....

The Financial Services Authority (FSA) has written to the CEOs of 24 product provider and advisory firms warning them not to use distribution agreements and cross-subsidies to 'work around' the Retail Distribution Review (RDR) commission ban.

Ascentric has confirmed its post-Retail Distribution Review (RDR) plans, including the banning of legacy commission.

National advisory group Foster Denovo has launched a financial planning service incorporating a transparent pricing structure as part of its plans following the Retail Distribution Review (RDR).