european parliament to veto ifa fee ban
The European Parliament is expected to reject a proposed Europe-wide ban on commission payments to independent financial advisers when it votes on the matter next week, a published report says.
The European Parliament is expected to reject a proposed Europe-wide ban on commission payments to independent financial advisers when it votes on the matter next week, a published report says.
The total value of the funds business in Guernsey grew by almost £9bn in the first quarter of this year, according to figures published by the Guernsey Financial Services Commission.
A letter sent last week by Hong Kongs Commissioner of Insurance to Hong Kong’s insurance industry practitioners has sparked surprise and frustration among many independent insurance brokers and IFAs, with its implication that commission disclosure is to be fully compulsory within two months.
Royal Skandia and a local insurance broker have won a High Court case in Hong Kong over commission disclosure that is seen as having potentially significant, and positive, repercussions for the jurisdictions insurance brokerage and advice industries.
FPI’s Hong Kong sales director analyses the benefits commission disclosure has brought to IFAs
How to reward financial advisers is one of the most talked about topics in the financial sector