The Financial Services Authority's (FSA) failure to clamp down on poor financial advice in banks and promote independent alternatives shows it is ‘hostile to consumers', it has been claimed.
Independent advisers who deal compliantly in complex products such as unregulated collective investment schemes (UCIS) should charge a premium for the service from 2013, Threesixty's Tony Bray has said.
Former Threesixty director David Ingram has expressed concerns about the apathy of network financial advisers as he seeks to gauge views on the future of the industry.
Chartered financial planner Phil Billingham, head of business consultancy at Threesixty Services, takes a global look at how advisers are coping with new regulations.
Support services provider threesixty's profits were dented in 2010 following its takeover by Standard Life and an increase in staff costs.
Aim Two Three, the support service for product providers set up by former threesixty director David Ingram, has launched a survey to find out what help advisers and principals need ahead of the retail distribution review (RDR).
A meeting international representatives of the Financial Planning Standards Board revealed some eye-opening truths about the standing of the FSA abroad
This week I spoke to Tim Newman, managing director of Sense and one thing was clear, this is a network that knows its role.