One in six financial advisers believe that the FCA’s new Consumer Duty requirements on value for money assessments will lead to fee increases for clients.

The Financial Conduct Authority has revealed plans to raise its annual fee charged to its Financial Planning firm segment by 8.9% for 2023/24.

SIPP and SSAS provider Curtis Banks has launched two new fee concessions and extended its offer on in specie commercial property transfers.

The Financial Ombudsman Service plans to freeze its fees for 2023/24 at this year’s level due to the economic pressures facing firms.