Most advisers intend to retain their independent status post RDR, but this appears to clash with the plans of firm principals and network bosses, research suggests.
Almost a quarter of UK advisers who charge £100 or less for their services face a 40% drop in income from 1 January next year as rules outlawing the payment of commissions to advisers come into force, research suggests.
The FSA has confirmed consumers will be able to pay charges direct to an adviser or agree for the provider to pay them from the investment in the post-RDR adviser charging regime.
Liberal Democrats in government push for urgent reforms of public and private occupational pensions, delegates at the party's Spring Conference will hear.
The Association of British Insurers (ABI) has successfully resolved a conflict with Her Majesty's Revenue and Customs (HMRC) over the rules around adviser charging on annuity business.
Industry figures have raised concerns over Her Majesty's Revenue and Customs' (HMRC's) stance on adviser charging on annuity business.
The Pensions Ombudsman has ruled in favour of Standard Life after an investor complained the commission on his self-invested personal pension (SIPP) was not properly explained to him.
The Financial Services Authority (FSA) has published a guide to preparing for the retail distribution review (RDR), ten months before the reforms coming into place.