IFA firm AFH has bought Hereford-based adviser Elgar Financial for £120,000.
Axa Wealth has confirmed it will not retain any commission on advised top-ups after the Retail Distribution Review (RDR), insisting charges will be reduced for clients.
The Financial Services Authority (FSA) has underlined the importance of advisory firms carrying our cost comparisons when undertaking replacement business.
The industry has to find new ways of providing low-cost advice on an ‘industrial scale' after the Retail Distribution Review (RDR), Scottish Widows has said.
The Treasury Committee has promised to monitor the benefits to consumers of changes introduced as a result of the Retail Distribution Review (RDR), after the Financial Services Authority (FSA) again said it would be sticking to its year-end implementation...