View more on these topics

Fees overhaul hits registered firms

The editor’s comment of the week

Reaction to FSA plan to overhaul adviser regulatory fees based on a firm’s income

In my opinion, this penalises registered individuals who are prepared to pay for proper dedicated support such as paraplanners and back-office support. Such individuals are prepared to pay for this support to ensure their businesses are run properly yet it would only be turnover that is used as a measure.

Overheads must come into the equation if you were being fair. This could lead to support being withdrawn and services becoming less professional at time when we are trying to do the opposite.

Derek Varty



Miliband slams Govt business tax changes

Labour leader Ed Miliband is to attack the coalition for building a tax system which benefits banks at the expense of other sectors, promotes short-termism and dissuades investment in company infrastructure. Deputy Prime Minister Nick Clegg today announced the 492 firms who have been successful in bids for money from the regional growth fund, worth £950m. […]


Concerns over product provider distribution deals

Product providers are paying significant sums of money to distributors as part of longterm distribution deals arranged ahead of the implementation of the RDR. Money Marketing has seen an email sent by former Aegon director of partnership and distribution development Peter Dornan to Caerus Capital Group, the venture set up by ex-Openwork chief executive Keith […]

Redressing the balance

Two Succession members discuss the biggest challenges facing their businesses in the run-up to RDR

Out of context

“I am absolutely committed that 2012 will happen next year”Pensions minister Steve Webb pledges Government will not mess with the calendar. “Who is in charge is a bit like a marshmallow.”Joint committee on the draft Financial Services bill member Lord McFall on who is in charge of the new regulatory structure. “I’ve got a beautiful, […]

Value for money in DC pensions

The Pension Policy Institute (PPI)’s recent report “Value for money in DC pensions” tries to identify factors by which people can assess whether their pension offers fair value for money (VFM). Fiona Tait provides an overview of the findings. Positive Outcomes It is extremely hard to assess VFM in a pension. Press activity naturally focuses […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm