Defaqto

Platforms are failing to deliver expected levels of service to advisers in nine out of ten areas, according to Defaqto.

Financial advisers are prioritising the speed of doing new business with platforms as the most important factor when selecting a provider, research suggests.

REGULATION

Advisers expect to write less tax-wrapped business in 2013, according to research.

The Financial Services Authority (FSA) has admitted it still has plenty of work to do on educating the public on the Retail Distribution View (RDR), but said advisers will also have to play their part in explaining the changes to the market.

The abolition of protected rights from pension saving will make setting up flexible drawdown easier and quicker for advisers, providers have said.

Two-thirds of IFAs do not account for long-term care within clients' financial planning; according to a survey.

Advisers continue to be confused by the FSA's stance on single platform use, research suggests.

Banks should allow consumers to select the benefits they want with their packaged accounts to help combat mis-selling of the products, Defaqto has said.

Medical insurance brokers have branded Defacto's new private medical insurance (PMI) star ratings as ‘highly dangerous and not in the best interest of customers'.