Firms face 460m annual bill for regulation
Advisory firms based in the UK are spending an estimated £460m each year on the direct and indirect cost of regulation, according to a recent study.
Fees
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uk advisers falsely claiming independence
An early Financial Conduct Authority review into the adjustment to the RDR shows some advisers continue to describe themselves as independent yet are choosing products from a limited number of providers.
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rdr to push financial advice away from consumers
Research from Deloitte shows distributors will have to work harder to get their products out to consumers who are being turned off financial advice as, from 1 Jan next year, they have to pay for it.
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Europeans pay more for their funds: Lipper research
Europeans pay more for their investment funds than US investors do, owing to higher distribution fees and other costs, according to a report by Lipper FMI, the funds research organisation.