The FSA is consulting on planned changes to its fee structure that will see minimum fees for IFAs nearly halve from £1,850 to £1,000. Variable fees fall for 56 per cent of advisers and only rise for 1 per cent and there is an easing of levies for firms that operate across fee blocks.
The Nottingham Friendly Society is to merge with the Oddfellows society after the proposal won overwhelming backing from members.
The overall unemployment rate in the UK has remained steady during October at 7.8 per cent.
Sesame Bankhall Group executive chairman Ivan Martin (pictured) has confirmed that up to 100 staff will be made redundant as part of the group’s internal restructure.
Argos will put users of its new price comparison site in touch with one of 4,000 mortgage brokers.
Matt Shafer, Head of International Distribution, discusses the firm’s philosophy around Durable Portfolio Construction, particularly the importance of putting risk first, thinking about better ways to use traditional asset classes and how to position alternatives in portfolios.
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