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United Kingdom

Nine in 10 advisers still reliant on trail commission

Tax & Regulation | 1 Apr 15

Nine in 10 advisers still reliant on trail commission

Trail commission remains an important driver of income for 93% of advisers despite the charge being completely banned from next April, a survey has found.

Sesame to close advisory network for investment advisers

United Kingdom | 31 Mar 15

Sesame to close advisory network for investment advisers

UK financial services giant, Sesame Bankhall Group, is to sell part of its advisory network in a bid to return the business to profit, despite a 30% reduction in new complaints in the second half of last year.

Scam fears grow as pension freedom day nears

United Kingdom | 30 Mar 15

Scam fears grow as pension freedom day nears

Fears that unregulated financial advisers will step up the marketing of unsuitable products following the introduction of UK pension freedoms next week are growing.

Cofunds posts surge in pre-tax profit for 2014

United Kingdom | 27 Mar 15

Cofunds posts surge in pre-tax profit for 2014

UK investment platform Cofunds has reported an 83% increase in pre-tax profits of £7.7m for 2014 due in part to a big growth in retail pension assets using its service.

FCA to increase adviser fees by 10

United Kingdom | 26 Mar 15

FCA to increase adviser fees by 10

The UK Financial Conduct Authority has outlined plans to increase the adviser regulatory levy by 10% to reach nearly £75m.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.