Phoenix takes £68m hit on charges and exit fee overhaul

Changes are not a result of recent criticism, Phoenix Life chief executive tells International Adviser

Western Europe to go fee-only predicts deVere

DeVere Group’s James Green has said the firm is planning for a fee-only future, predicting that western Europe will move entirely to this form of remuneration ‘within five to 10 years’.

Investment | 24 Aug 17

End the fixed fee ‘gravy train’, says Morningstar’s Ptak

The time has come to offer investors a fairer deal and drop the fixed fees set by funds and replace them with performance-based charging, Morningstar’s head of global manager research Jeffrey Ptak has said.

Best Practice | 24 Jul 17

St James’s Place fails on disclosure says UK consumer watchdog

Financial advisers from St James’s Place are failing to comply with rules on transparency around charges and some are misleading potential customers about what they can offer, an investigation by UK consumer watchdog Which? has found.

Investment | 11 Jul 17

ANALYSIS: Will wealth managers avoid scrutiny on charges?

Has the FCA asset management review missed a trick by not expanding its demands for transparency to wealth management?

Fees