OMW profits from post RDR landscape
Old Mutual Wealth has reaped the benefits of the changing post-Retail Distribution Review landscape, reporting adjusted operating profit of £227m for 2014.
RDR
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IFAs queue up to buy multi asset solutions
Volatile markets have brought about a marked shift in favour of multi-asset income products among independent financial advisers.
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RDR is working says FCA
The FCA has said there is little evidence to suggest the Retail Distribution Review, RDR, has caused any major decline in the availability of financial advice and has in fact had a positive impact overall.
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Confidence key IMA
Investment management should sit at the heart of pensions delivery, argues the IMAs Jonathan Lipkin.
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Hargreaves Lansdown profits up
Hargreaves Lansdown posted a 7% rise in pre-tax profits to £209.8m for the year to end June, with total assets under management climbing 29% to £46.9bn.
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Wealth managers unconvinced industry is adapting
A new survey has revealed that just 30% of wealth managers believe the industry as a whole is adapting well to the changing regulatory environment.
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RDR compliant reports creating headache
Producing RDR compliant investment reports for clients is a major concern for the majority of wealth managers, a new survey has revealed.
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Pace of regulatory change may slow
One of the themes to come out of the main panel discussion at the Cofunds conference is that simplicity, while the goal for investors, remains rather far away.
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post rdr adviser world struck by costs
Regulations should be pared down and costs reduced to foster a competitive and sustainable adviser market, a report compiled by APFA revealed.
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FCA in circles over simplified advice
FCA chief Martin Wheatley has stressed the need to square the circle of selling complex products to so-called unsophisticated investors, but are we really any clearer on the shape of things to come?
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Dont write off retail advisers just yet
According to Numis Securities, while the post RDR-world makes an adviser uneconomic for many, long term structural changes are likely to benefit the retail-focused parts of the wealth management industry.
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PA ANALYSIS Death of the DFM
As centralised investment propositions and outsourcing gain traction, the range of services offered by traditional wealth management businesses must look not only broader, but better, in order to remain competitive.