Portfolio advisers are increasingly asking themselves why they are having to deal with so much regulatory change emanating from the EU, given the fast approaching deadline for Brexit in March 2019.
T. Rowe Price has joined a growing number of fund managers that have pledged not to pass on research costs to clients.
The government has revived plans for a ban on pension cold calling with a promise of new legislation after the original plan was dropped owing to the snap general election.
Time and clarity are among the biggest Mifid II headaches facing asset and wealth managers according to Ashley Smith, senior vice president at data exchange hub Silverfinch.
A couple who claimed Coutts mismanaged their discretionary portfolios have won a fight for compensation after taking their case to the Financial Ombudsman Service (FOS).
Best-buy fund lists compiled by direct-to-consumer platforms favour affiliated funds and those paying higher commission, research by the Financial Conduct Authority has found.
An appeal by the former chief executive of an adviser network to overturn a ban on having ‘significant influence’ on any regulated activity has been struck down and a fine upheld by the UK’s Upper Tribunal Tax and Chancery Chamber.
Vanguard Investment Management is the latest manager to announce it will absorb external research costs under the new Mifid II research “unbundling” rules. But will this have an impact on undecided industry players?
The Association of Investment Companies (AIC) has committed to publishing more detailed dividend information for each investment trust on its website in a fresh push for transparency.
A financial Ombudsman has backed a married couple’s complaint against Attivo Financial Services for the unsuitable transfer of investments worth around £200,000.
Transparency campaigner Dr Chris Sier has been named as chairman of an FCA working group tasked with fleshing out a template for disclosure of asset managers’ costs and charges.
Changes to Financial Conduct Authority guidance on how to deal with insistent clients has been welcomed as “common sense” by those in the asset management industry.
