fees

Advice firms will pay £38.4m towards funding the Financial Services Authority (FSA) in 2012/13, the regulator proposed today.

Pensions minister Steve Webb has said the government is "absolutely prepared" to cap private pension fund management charges if they hinder saving.

Proposed legislation designed to prevent the abuse of qualifying recognised overseas pension schemes (QROPS) could increase providers' costs by 150%, Fairbairns has warned.

Labour leader Ed Miliband has launched a campaign to protect consumers from "predatory" practices by pension providers and banks.

Advisers have given a cautious welcome to a new tool claiming to reveal and compare the amount of commission consumers are currently paying through their investments.

Platform FundsNetwork is developing functionality to allow advisers to declare whether or not their post-RDR activities constitute "advice" in a bid to clear up ambiguities surrounding legacy commission.

IFAs around the country are charging vastly different fees for the same work and should be forced to publish transparent fee menus, Which? has said.

The Financial Ombudsman Service (FOS) is proposing a new funding system for those businesses which receive mass complaints.

Five major providers have joined forces to agree a "shared" approach to facilitating adviser and consultancy charging.

With the end of commission in sight, Joanna Faith discovers the many and varied ways advisers can collect client fees.