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The big questions on the fallout from Brexit

The UK’s decision to leave the European Union is one of the biggest political shocks witnessed by this generation. At a recent roundtable Money Marketing brought together high-profile representatives from across the financial services sector to discuss the outcome of the Brexit vote and its short- and medium-term implications. Did the morning of June 24 […]

FCA issues adviser warning on introducers

The FCA has warned advisers on the risks of authorised firms taking business from unauthorised introducers. In the alert, published today, the FCA says it is concerned at the increasing number of cases where an introducer has had an inappropriate influence on how the authorised advice firm works. It is also concerned by authorised firms outsourcing […]

Woodford Equity Income suffers performance hit and outflows

Woodford Equity Income saw its assets under management drop over £300m in June as it suffered outflows and a performance hit. The popular fund saw net outflows totalling £140.8m in the month the UK voted to leave the European Union, while its performance over the same period has dented its size by a further £168.6m. Its assets under management now […]

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How revamping commission could help the self-employed retire

You never know what you’ve got until it’s gone, and this sums up some people’s views on commission. Take, for example, the director of Drewberry Wealth Management and Drewberry Insurance Tom Conner. Mindful that the rising cost of providing advice gets passed on to clients, he believes a revamped system could help more self-employed people […]

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