Should advice firms in Hong Kong and Singapore adopt a fee-based model?
One big issue is that the markets are ‘fragmented’
Fees
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Quilter Investors cuts fees on funds over £750m
It will apply to all but two of the firm’s UK domiciled strategies
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Will the Consumer Duty lead to an increase in advice fees?
Regulation is giving firms an opportunity to re-evaluate their charges
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FCA to increase adviser fees to £94.6m
UK regulator sets out its business plan for 2023-24 financial year
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Isle of Man regulator unveils implementation of new fee structure
Watchdog will continue to ‘focus on providing value for money and maintaining standards of excellence’
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UK advisers to shun simplified ‘core advice’ model
‘Targeting more wealthy clients’ and ‘fees will be too low’ are main arguments against the FCA’s plans
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FCA to unveil £5,000 fee for financial promotion applications
Following amendment to prohibit firms undertaking marketing on behalf of unauthorised businesses
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FCA fees increase by £17.2m
As regulator looks to reduce sums paid by smaller firms and appointed representatives
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Clients want to pay a fixed fee for on-demand advice
And majority prefer to stick with face-to-face meetings
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FCA increases adviser fees to £86.5m
Watchdog will create 80 roles to help shut down firms that do not meet minimum regulatory standards
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Aussie regulator sues superannuation trustee firm
It alleges the company charged over A$4m in fees for no service
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FCA eyes increase to financial services regulatory fees
Watchdog expects to implement changes for 2022/23