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“No. There should be guidelines to stop people charging extortionate rates but it should be left to the IFA to decide.”

Graham Tomlinson, FSC Investment Services

“No. As long as the FSA is receiving its fees, what concern is it of theirs what IFAs are charging? I am stunned and gobsmacked by this.”

David Meakin, David Meakin Independent Financial Advice Centre

“No. As long as we set a reasonable and fair fee, there should not be any intervention. If there is a job that has been commissioned at a fee and agreed upon with the client, I don&#39t see what the problem is.”

Greg Walker, Pavis Financial Management

“No, it&#39s damned cheek. Who are they to say what IFAs charge their clients?” David Hemming, Medical & General Insurance Services

“No. It is up to each individual IFA.”

John Jennison, Jennison Portfolio Management

“No. I think the market place should decide what fee should be set. I see this as a commercial transaction between and adviser and their client.”

John Keene, Clement Rabjohns

“It is ridiculous. People don&#39t have to pay us, it is their choice. All my fee-based clients are aware how much I charge and are quite happy with it. How can they decide what we charge? The clients decide, they either pay us or they don&#39t.”

Richard Thomas, R Thomas Associates

“No. It is a commercial consideration between the client and the adviser. As it is an open and clear charge that is defined, then there should be no need to impose.”

Sasha Hunt, Sasha Hunt Consultancy

No 100%


Amber HomeLoans – Medium Adverse Full Status Discount

Type: Discounted rate adverse credit mortgage Discount: 1.75% Discounted term: Until July 31, 2006 Payable rate: 5.34% Minimum loan: £25,000 Maximum loan: Up to 85% of valuation subject to a maximum of £500,000 Income multiples: Up to 3.5 times principal income plus second or 2.75 times joint Conditions: Capital repayments of up to 10% a […]

Investec recruits four to boost fixed-income team

Investec Asset Manage-ment has made four key appointments to boost its fixed-income capability. The strengthened team, now with 25 people, is one of the biggest fixed-income teams in the retail market, with responsibility for more than £11bn in fixed-interest assets. John Stopford, the driving force behind Investec&#39s South African fixed income business, is now heading […]

Ailo move over cash laundering standards

The Association of International Life Offices is planning to set up minimum standards on anti-money-laundering measures to stop competition on compliance between members. Ailo says the new standards are designed to protect against the reputational risk to the offshore industry of members competing on the basis of which jurisdiction or provider has the lightest-touch anti-money […]

Smee in the corner

The MPs of the Treasury select committee – specialists in difficult questions – need to turn their famous scrutinising powers upon themselves. Their latest victim is a certain Paul Smee, director general of Aifa. Smee joins numerous insurance company chiefs, split-capital providers and clearing bank chief executives, most notably Barclays Bank chief Matt Barrett, in […]

In Focus Ebola cover - thumbnail

White paper — In Focus: Ebola Virus Disease

Jelf Employee Benefits focuses on Ebola Virus Disease (EVD) and what this means for businesses with operations in West Africa. This will be of particular interest to those with employees either travelling to, or living within, West Africa, the area affected by the most catastrophic outbreak of Ebola to date.


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