Garry Heath’s Libertatem becomes latest Fecif member
UK trade association Libertatem has joined the European Federation of Financial Intermediaries and Financial Advisers (Fecif).
Garry Heath
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Talk of UK commissions return draws ire
A return to commission payments would be a huge step backwards and contrary to the retail distribution review, said industry leaders after the Financial Conduct Authority’s (FCA) interim chief executive failed to rule out a return to commission payments.
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Financial firms outsource advice to unregulated third parties
Some UK financial adviser firms are delegating the entire regulated activity of providing advice to unregulated third parties, according to the Financial Conduct Authority (FCA).
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IFA lobbyist calls for new industry regulator
Garry Heath, the head of IFA industry body Libertatem, has called for the formation of a new regulator to be considered as part of the government’s Financial Advice Market Review (FAMR).
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Garry Heath launches new UK trade body for IFAs
A new trade association representing UK financial advisers has been launched to give the industry a louder voice in discussions with government and regulators.
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Nine in 10 advisers still reliant on trail commission
Trail commission remains an important driver of income for 93% of advisers despite the charge being completely banned from next April, a survey has found.