Fees
UK politicians prepare to pick apart adviser charges
The Pension Costs and Transparency inquiry will put charging models under the spotlight
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.