RDR
Tax & Regulation | 2 Feb 16
Legg Mason cuts trail commission from UK authorised fund range
Global asset management firm Legg Mason has announced plans to cut out trail commissions on its UK authorised funds effective from 1 April 2016 in line with the rules set down in Retail Distribution Review (‘RDR’).
Tax & Regulation | 27 Jan 16
Talk of UK commissions return draws ire
A return to commission payments would be a huge step backwards and contrary to the retail distribution review, said industry leaders after the Financial Conduct Authority’s (FCA) interim chief executive failed to rule out a return to commission payments.
Tax & Regulation | 11 Jan 16
FCA mulls limited commission on some retail products
The Financial Conduct Authority is considering reintroducing limited commission payments for certain retail products.
Investment | 10 Dec 15
SLI controversially ends trail commissions
Standard Life Investments (SLI) has written to financial advisers informing them that they will no longer receive renewal commission on SLI retail class shares from 31 March 2016.
Old Mutual teams up businesses for South Africa HNW investors
Old Mutual Wealth is teaming up its various divisions, including Old Mutual International and Quilter Cheviot, to offer an all-round service to investors in South Africa ahead of next year’s Retail Distribution Review.