adviser charging

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).

More than a quarter of firms are currently charging a monthly retainer for their services, research suggests.

CONDENSED

Few investors would select to pay for financial advice based on a per-hour charge - or as a percentage of investible assets - research suggests.

The Financial Services Authority (FSA) is urging firms to consider their professional indemnity insurance (PII) situation and client communications ahead of Retail Distribution Review (RDR) implementation.

RDR IN THE NEWS

The Financial Services Authority (FSA) has expressed concerns that vertically integrated firms may try to skirt around its adviser charging rules set to be introduced following the Retail Distribution Review (RDR).

Scottish Widows will not facilitate adviser charging on its Retail Distribution Review (RDR)-compliant onshore investment bond because of the potential tax detriment.

The Retail Distribution Review (RDR) has the potential to be the ‘next financial scandal', despite the Financial Services Authority's (FSA) latest attempts to educate consumers about the reforms, campaigner Gina Miller has warned.