Advisers pester fund groups to cut fees
Despite only 9% having cut their own costs in recent years
Fees
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Quilter platform tackles wealth transfers with family discount
As it updates its pricing model to ‘save money across generations’
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FCA must ‘act quicker’ against phoenixing firms
Momentum boss flags ‘staggering’ adviser fragmentation but says fees could rebound in 2020
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AMP to reduce superannuation fees
To provide ‘highly competitive wealth solution to help with retirement’
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Platforms can offer more than just low costs
Technology can help alert advisers when their clients really need them
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UK lifeboat scheme responds to criticism over extra levies
Financial advisers angry about paying thousands more with just 30 days’ notice
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Rise of ‘blended’ advice charges expected in 2020
And ‘off to the naughty step’ for those not complying with Prod
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Helena Morrissey knocks SJP charges weeks after joining board
‘I have not met anybody yet who can completely clearly articulate how it works in a sentence’
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UK platform scraps regular investment charge
As long as clients stick with automatic investing and don’t trade
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Aussie regulator to take NAB to court over fees
Bank has set aside more than A$2bn for customer-related compensation
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Is charging initial advice fees bad for the industry?
One firm argues it fuels a culture of ‘complacency and inefficiency’ – but not everyone agrees
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Standard Life locks drawdown price for retirees
As it reduces and simplifies charges for customers using its Wrap platform