Fees and levies are forcing me out of advice - Richard Bishop

Bishop, principal of Birmingham-based Premier Practice, who describes himself as a restricted whole-of-market adviser, plans to set up a non-advised life insurance business within the next six months. During this time he will continue to manage his current client base of about £2m in funds under management. He said he is not seeking any new business and will ultimately look to either sell the client bank or transition it into another firm, where he would continue to offer some services. The firm will continue to be called Premier Practice. Bishop said: "The Financial Conduct Aut...