fees

Three out of five fee-charging IFAs bill clients between £150 and £200 an hour for advice, research by threesixty suggests.

Pension providers charging "exorbitant" layered fees must give the money back to pension scheme holders, an MEP says.

RDR deniers need to "get their heads out of the sand" and get on with meeting the FSA's new professionalism and remuneration rules, IFP chief executive Nick Cann said today.

James Hay and IPS Partnership, both owned by IFG Group, have combined to form James Hay Partnership.

The melting-down and recasting of the FSA to form two new regulatory bodies will cost £12.3m between 2010 and 2012, it was revealed today.

The advisory community will pay a smaller proportion of the overall Financial Ombudsman Service (FOS) Levy in 2011/12, although the explosion in PPI cases could cancel out any savings.

The FSA is proposing advice firms contribute 2% less to the regulator's funding next year, a cut of £53 per adviser.

Are you afraid that when the RDR arrives the public will perceive advisers as charging fees for all products and so not consider coming to you for protection advice?

SIPP provider Suffolk Life will hold its fees at 2009 levels for 2011.

Around a third of people see equity release as an important part of their retirement planning, but are not willing to pay fees for advice on it, according to the Equity Release Solicitors' Alliance (ERSA).