transparency

Regulator wants early responses to prevent referrals

Charges are unclear in many areas, advisers say

Weeks after Times' 'scandal' headline, debate about displaying charges on websites continues...

The Investment Association (IA) has proposed a new method of presenting portfolio turnover rates, and called for transaction fees to be separated from fixed costs, as part of a push for more comprehensive fund fee disclosure.

Financial advice should be grouped by type of service and given price tags to break down the barriers consumers often face when shopping for it, Unbiased chief executive Karen Barrett has suggested.

Zurich is not interested in participating in a platform price "race to the bottom", its head of retail platform strategy has said.

The Financial Conduct Authority (FCA) is still concerned about transparency in the advice space, especially in relation to charging and independence, chief executive Martin Wheatley has said.

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.

Britain's Crown Dependencies and Overseas Territories have re-affirmed their commitment to a global standard in tax transparency, which will lead to cost savings to businesses and government.

Financial secretary to the Treasury, Mark Hoban, was taken out for breakfasts, lunches and dinners 37 times in the 15 months to June 2011, official figures have revealed.