The number of financial advisers adopting Centralised Retirement Propositions (CRPs) is expected to rise significantly from 48% to 71% over the next 12 months, according to new research.
The Personal Finance Society has welcomed the FCA’s freezing of 2020/21 fees for small firms but warned that the Coronavirus outbreak could force up compensation costs and hit advice firms hard without major reform.
The FCA plans to freeze its fees for the smallest 71% of financial services firms in response to the Coronavirus outbreak.
The Chartered Insurance Institute has joined forces with consultants Aon and Willis Towers Watson to produced a report and guide outlining ways to help more people at the higher end of the Autism Spectrum scale find jobs in areas such as financial services.
The Pensions Policy Institute has warned that a Government change to the inflation measure could cut lifetime pension income by up to 21%.
The FCA has told firms that Senior Managers must consider the “emerging risks” from the Coronavirus outbreak.
Quilter Financial Advisers, the restricted arm of Quilter plc, has publicly launched its telephone-based financial advice service to expand the availability of Financial Planning.
The FCA issued a warning today about scammers using a 'clone' of leading tax adviser and wealth manager Smith & Williamson to cheat investors.
Discretionary Fund Managers need to improve their client onboarding processes, according to a survey of adviser satisfaction.
Three quarters of households in Britain have sufficient financial assets to cover a 25% fall in income for three months.