A national system of generic advice could cost just £50m, less than half the estimated figure published in a Select Committee report, claims the Resolution Foundation.
The European Council is today expected to give the green light to Europe's first serious attempt to reduce bureaucracy, according to the Daily Telegraph .
IFAs are focusing on too broad a sector of the market and as a result there is too much reliance on commission from continually selling products rather than on a holistic long term planning service, argues Abbey.
Aegon Asset Management is building on its experience of investing in stocks with an ethical stance with the launch of the first retail ethical cautious managed fund.
More than 80% of advisers support the idea of a common level of commission to avoid perceptions of provider bias, according to a survey by Aegon.
One in five advisers considers the FSA's Review of Retail Distribution as a "threat" to the industry while one in four don't know the impact it will have, a survey reveals.
Income funds could have a challenging year ahead, while it is time to go ‘back to basics' in the property market, warns some of the UK's top fund managers.
As the Financial Services Authority (FSA) prepares to take on the regulation of personal pensions, including self-invested personal pensions, the lack of applications from providers is causing concerns for some parts of the industry.
Hopes that HM Treasury may soften the charges around Alternatively Secured Pensions (ASP) have been boosted by evidence included in a Treasury Select Committee report.
The Pensions Regulator should take a step back from its proposals to regulate risks in defined contribution schemes as it could lead to unintended consequences for smaller work-place pensions, warns Aegon.