News

Confusion will reign among consumers if advisers are forced to divulge to clients the total expense ratio (TER) of their investments in mandatory disclosure documents, industry figures argue.

The newly formed Sesame Bankhall Group has appointed Mark Penton to the role of company director of its retail distribution implementation project.

Source has listed an ETC offering exposure to crude oil futures contracts on the Xetra platform.

The variety of qualifications available to financial advisers must be simplified and better communicated to consumers if the industry is to succeed in increasing take-up of advice, Which? says.

The ABI is calling on the FSA to provide more clarity on how a 'simplified advice' process would work post RDR and in particular the level of qualifications needed for the distribution stream.

Skandia has appointed Andy Davies as director of adviser sales and Steve Powell as director of corporate partners.

OOK Advisors has released the Oklahoma ETF tracking an index of Oklahoma-based companies.

UK house prices were higher year-on-year in October, marking the first annual rise for 19 months, the BBC reports.

Royal London reported a mixed bag of new business results for the first nine months of 2009, with its Scottish Life pensions arm down 5% but Bright Grey sales up 10% on last year.

Aegon has produced a factsheet highlighting the importance of business protection for an adviser's clients.