Advisers urged to look beyond cost as MPS price war intensifies
‘Everyone is muscling in on the action’ but don’t be lured in by the cheapest providers
Fees
-
-
Natwest slashes investment platform fees
It believes costs are a barrier to people saving
-
Lloyds investment clients to wait 12 years for reduction in fees
Value assessments deem 1.24% fund fees too high
-
Aussie wealth firm fined record A$57.5m
After it breached ‘fees for no service’ rules
-
Coutts fixes advice fees
Clients will now be charged a one-off lumpsum according to the service they need
-
Advisers have no ‘risk appetite’ to carry out DB transfers
With nearly half considering leaving the space within a year
-
Advisers unite against ‘crucifying’ regulatory costs
‘We should not be paying for the sins of everyone else’ says IFA and Linkedin page co-founder
-
SJP questioned over how it addressed FCA requirements
Firm creates confusion by using bundled fees to compare its funds to rivals without advice offerings
-
IFA firm slams ‘incorrect’ portfolio switching article
After it was reported the company put customers into pricier poor-performing funds
-
Advice firm sees 140% increase in regulatory fees
Industry needs to brace itself because ‘the prospect of any change soon is extremely unlikely’
-
Six-in-10 advisers to cut DB transfer work after fee changes
Some 62% believe that the market will not be profitable going forward
-
DB transfer contingent charging ban branded ‘confusing’
Overseas firms ‘exempted’ but non-FCA advisers shouldn’t be signing off pension transfers, says one CEO