Retirement | 3 Jun 16
Watchdog tells wrongly-advised client to pay £1,700 exit fee
A decision by Friends Life to charge a client a £1,700 exit fee for transferring a planned pension has been upheld by the UK’s Pensions Ombudsman Service (POS), despite being wrongly advised by her IFA.
Best Practice | 2 Jun 16
ANALYSIS: It is time to reimagine the IFA / DFM relationship
The growth in financial advisers choosing to outsource investment services to discretionary fund managers increasingly begs the question ‘what are they actually charging for?’
Alternatives | 2 Jun 16
EU looks to improve access of cross-border Ucits and AIFs
The EU has launched an investigation into the barriers blocking the distribution of Ucits and Alternative Investment Funds (AIFs) in a bid to increase the take up of the products across its 28 member states.
Investment | 2 Jun 16
Tilney Bestinvest launches new Ucits funds aimed at expats
Investment manager Tilney Bestinvest has unveiled a new range of risk-graded multi-asset, Ucits compliant, Open-Ended Investment Companies (OEICs).
Best Practice | 2 Jun 16
Newly-qualified advisers want to work in NYC, says deVere
New York has been named as the destination of choice for young financial advisers looking to start their careers, according to a poll of its own graduates by the deVere Group.