Advisers are fearing further increases in network fees after two of the industry’s most prominent groups hiked costs, while a rival warns further “stealth taxes” are also possible. Intrinsic announced last week it will increase fees following an “unprecedented” rise in its Financial Services Compensation Scheme levy. The network told members it faced a bill […]
Digital advice is commanding increasing attention from regulators, consumer journalists and even politicians. Multiple speakers at the FCA’s recent three-day forum on the subject made it clear that it is not a matter of if, but when, these services become a major force in the UK personal finance industry. The sheer number of start ups […]
The summary dismissal of FCA chief exeutive Martin Wheatley has raised many questions about the role and responsibilities of the FCA, and there has been much comment. The consensus seems to be that at least one reason for the Government’s decision not to renew Wheatley’s contract was the fact he appeared to be advocating a […]
According to Doug Rice, managing director of international services, in 2015, managing their international duty of care will become an increasing focus for UK-based overseas organisations in both managing their short- and longer-term challenges. As a result, strong independent advice and innovative technological solutions will become more important than ever in managing their global benefits.
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