Adviser profitability thrives in a post-RDR world
The good times are rolling for financial advisers, at least, that is, according to the Financial Conduct Authority’s recent Data Bulletin.
IFA
-
-
Adviser cracks during interrogation with regulator
A financial adviser who forged qualification documents has been banned after he cracked during a “compelled interview”.
-
Advisers ditch plans to shrink active allocations
Financial advisers have backtracked on plans to decrease their active exposure, instead marginally increasing allocations, according to a survey by Natixis Investment Managers.
-
FCA reveals rising cost of PI cover
The scale of the burden of rising professional indemnity insurance (PII) premiums has been revealed in a new section of the UK regulator’s data bulletin.
-
Advisers busier than ever due to pension freedoms
UK advisers are spending more time and resources dealing with retirement advice since the launch of pension freedoms, according to the latest research from AKG.
-
Invesco forges adviser links with Intelliflo deal
Invesco has entered a direct relationship with advisers with the purchase of back-office software provider Intelliflo for an undisclosed sum.
-
IFA firm acquisition costs face ‘upward pressure’ – AFH
Private equity and product providers are driving up the cost of buying bigger IFA businesses, according to serial acquirer AFH Wealth Management.
-
FCA cancels advice firm’s permissions for register failure
The Financial Conduct Authority (FCA) has cancelled a financial advice firm’s permissions after it failed to submit its regulatory returns.
-
FE launches cost transparency tool for advisers
FE has launched a tool which it said provides advisers with a simpler and more holistic way of measuring the impact of costs on real returns and bypass projections provided by fund groups.
-
Brewin breaks with DFMs to defend ‘agent as client’
Brewin Dolphin is one of the few discretionary fund managers to put its head above the parapet and defend its use of the agent as client relationship with advisers, which has recently come under fire.
-
Quilter makes senior hire in adviser network
Quilter has appointed Jenny Granner operations director of its adviser network Intrinsic ahead of its rebrand under Old Mutual Wealth’s managed separation.
-
Trump tax cuts entice UK advisers
UK advisers turned to US funds in April as corporates got to work spending the savings from president Donald Trump’s tax reform.
