News

The Financial Conduct Authority (FCA) plans to introduce a "robust underwriting assessment" to be performed by lenders before issuing interest-only mortgages, letters published today have revealed.

The percentage of assets going into clean share classes on the Axa Elevate platform has reached 56%, having more than doubled since the start of the year.

The Financial Conduct Authority (FCA) chief executive has said he is happy with the outcome of the Retail Distribution Review (RDR) but is still worried about the way advisers charge fees, especially if they are based on a percentage of assets.

Nucleus has placed the ownership structure of the wrap under review in light of adviser charging rules concerning potential conflicts of interest.

Financial Conduct Authority (FCA) chief executive Martin Wheatley has said he "can't commit" to lowering advisers' regulatory fees, despite a marked drop in practitioner numbers.

The Cass Business School and BNY Mellon have just completed a wide-ranging piece of research into the impact of the Retail Distribution Review on the UK's financial market. Here IFAonline breaks down the key findings from the report.

Advisers "substantially underestimate" the threat from direct to consumer (D2C) businesses and are "overoptimistic" about future revenues post-Retail Distribution Review (RDR), according to a wide ranging study by Cass Business School and BNY Mellon....

Investec Structured Products has launched three new plans which are available for investment until 16 August.

The way alleged pension liberation schemes were operated after their inception is evidence they are not occupational pension plans, a lawyer for The Pensions Regulator (TPR) has argued.

The average 30 year old should save £824 a month into a pension to retire comfortably at 65 according to deVere Group..