Financial Advisory Industry Review
Singapore’s 55% commission cap ‘good news’ for some advisers
The impact of Singapore’s 55% cap on commission payments may not be as severe or restrictive as once thought, and may even see some advisers slightly better off, an industry source told International Adviser.
Tax & Regulation | 3 Dec 15
APFA finds regulatory costs eat up 12% of adviser’s income
Small to mid-sized UK financial advisory firms are spending around 12% of their income on direct and indirect regulatory costs, according to the latest annual survey on the cost of regulation by the Association of Professional Financial Advisers (APFA).
Financial advice definitions need clarity, says AJ Bell
The definition of financial advice is becoming blurred with potentially dangerous consequences, according to UK-based platform provider AJ Bell.
Intermediary profile with Professional Investment Advisory Services
Christopher Teo, chief executive of Aviva-owned PIAS in Singapore, explains his ambitious plans for growth, why he embraces new regulation and the importance of seizing the day.
New head of Singapore advisers body pledges to raise standards
The new president of the Financial Planning Association of Singapore (FPAS) has said he hopes to improve the ethical standards and competency of advisers in his new role.