Service upgrades could trump lower fees
Lower service charges may not necessarily be on the cards, but wealth managers must provide value for their percentage, according to the head of Brown Shipleys Manchester office Jon Sherlock.
IFA
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Bellpenny plans to continue buying spree
Bellpenny has said it intends to buy a further ten businesses by the end of 2015, following the completion of its latest wealth management acquisition.
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Bellpenny plans to continue buying spree
Bellpenny has said it intends to buy a further ten businesses by the end of 2015, following the completion of its latest wealth management acquisition.
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Half of UK IFAs only update clients once a year
Half of all UK financial advisers contact their clients just once a year regarding their investment portfolios, new research has revealed.
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Model portfolio discrepencies underline
UK financial adviser-built model portfolios generally do what they say on the tin in terms of risk, but, there are large discrepancies in terms of how those risks are rated.
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Advisers underestimating all in costs
Advisers are underestimating all-inclusive costs to clients by as much as 1% per year a new survey by Defaqto suggests.
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Advisers underestimating all in costs
Advisers are underestimating all-inclusive costs to clients by as much as 1% per year a new survey by Defaqto suggests.
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Trail commission ban to slash
The UK regulators banning of trail commission in 2016 could result in over 15,000 advisers losing their job, a report by the former director general of the association of IFAs has predicted.
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Diminimis to eliminate outsourcing confusion
Financial advisers can seek clarity regarding their responsibilities when outsourcing to discretionary investment managers as a new due diligence service sets out to dispel widespread industry confusion.
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EEA group slams FCA for victimising advisers
A group representing investors into the EEA Life Settlements Fund has criticised the FCA for continuing to harm advisers by encouraging complaints against them in its bombshell warning on the controversial fund last week.
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IFAs demanding increasing flexibility from DFM
According to a new survey commissioned by Investec Wealth and Investment, IFAs require increasing flexibility from DFMs in terms of investment mandates.
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FCA calls for fund charge consistency
The FCA today urged fund managers to focus on the ongoing charges rather than annual management charges in a bid to improve transparency.
