fees

Polarised opinions focused on the benefits of fees and commission risk damaging the industry and consumers, according to Cofunds's Alistair Conway.

The Association of Independent Financial Advisers (AIFA) and the Association of Mortgage Intermediaries (AMI) have called for a reduction in the financial demands proposed for intermediary firms, given their lower risk nature.

LV= plans to re-position its SIPP with a simplified charging structure to make the product easier for investors to understand.

Royal London saw group life and pensions sales climb 17% during 2008, with 90% of individual new business coming from advisers charging agreed fees.

Financial advisers are abandoning next week's crucial RDR conference after being charged up to £300 to attend the event.

Firms refinancing should be charged directly for the extra regulatory costs involved rather than the whole sector splitting the bill, the FSA proposes.

Easier2Move is launching a new product to cover the costs incurred by home movers and their advisers when a house purchase is aborted.

Just Retirement is suspending upfront fees on its equity release mortgage range until the end of 2008.

AWD Chase de Vere has reported a positive response to the rollout of a pilot of Customer Agreed Remuneration (CAR.)

It seems that the IFA sector is finally becoming aware of the need to provide value to clients in a far more obvious way and in turn, it is just possible that these clients might then pay for the advice they receive!