Independent Financial Advice

I've been charging fees since the 90s, but I'm still learning...

National IFA 2plan Wealth Management is to be restructured to incorporate a network model, catering for registered individuals (RIs) and appointed representatives (ARs).

Good afternoon readers - below are five key articles from this week's IFAonline.co.uk...

RSM Tenon, the national IFA and accountancy business, saw a 57% increase in profits in the 12 months to July following the full integration of the advisory units of tax firm Vantis.

The Personal Finance Society yesterday issued its interpretation of the rules regarding the status of advice post-retail distribution review(RDR).

A financial services marketing expert has suggested consumers care very little about the status of their adviser and criticised the FSA's choice of terminology on the issue.

Multi family office Fleming Family & Partners (FF&P) has launched a wealth planning business for high net worth clients.

Legal & General (L&) is considering building a referral system with selected independent advisers who would take over the provider's direct customers when their needs become more complex.

Rules that would require financial advisers in Australia to get clients to opt in to their services every two years - and send them a fee schedule every 12 months - are failing to win support among some key stakeholders.

The number of financial advisers in the US - including wealth managers, IFAs and bank and insurer tied advisers - is declining rapidly just as demand for their services increases, according to new data.