The practice of product providers facilitating the payment of adviser charges to IFAs is likely to "fall horribly on its face", just as it did in Australia a decade ago, according to a business consultant.
Restricted advice network Openwork has reported its first ever profitable year thanks to a "more productive, better quality" adviser base.
Advisers could actually be confusing clients in the post-Retail Distribution Review (RDR) world as their pursuit to find ‘right product' gives customers too many options, delegates heard.
Trail commission has a "genuine and legitimate place" in adviser remuneration and the Financial Conduct Authority (FCA) would be wrong to ban future payments on undisturbed pre-Retail Distribution Review (RDR) business, according to Scottish Life.
The Financial Conduct Authority (FCA) has sent emails to 120 advisory firms asking them to complete a questionnaire that will form the basis of part two of its three-pronged review into the impact of the Retail Distribution Review (RDR).
Retirement Planner editor Helen Morrissey talks to a panel of industry experts about the issues advisers face in the retirement income market and the role of income drawdown.
The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).
The Personal Finance Society (PFS) will lead its regional conference programme on adviser charging.
Partnership Life Assurance Company, part of the Partnership Assurance Group, has confirmed it is the subject of a Financial Conduct Authority (FCA) investigation into potentially unsuitable distribution deals with advisory firms.