APFA

The government's guidance guarantee will result in more people seeking regulated financial advice on decumulation, with the majority of advisers stating pension pot size will not make a difference, according to research.

IFA and wealth manager Gemini Wealth Management has acquired the pension and investment business from a fellow advisory firm after it shut up shop due to the "increasing costs" put on small firms.

The Association of Professional Financial Advisers (APFA) has warned the industry could yet lose more small firms as advisers say they are lacking confidence in their business models.

The Association of Professional Financial Advisers (APFA) has warned advisers to keep a "record of activity with any clients they have with Aegon" after it emerged the Dutch provider had contacted clients to switch-off trail commission.

Advisory firms have successfully adapted to the Retail Distribution Review (RDR) but the cost of regulation remains a massive barrier to development, the Association of Professional Financial Advisers (APFA) has said.

The industry's petition calling on the government to remove the ombudsman's right to consider claims without any long-stop restriction, has passed 5,000 signatures but needs double that to be considered by officials.

Does the advice market need an industry-led apprentice scheme?

The Association of Professional Financial Advisers (APFA) has called on the Money Advice Service (MAS) and The Pensions Advisory Service (TPAS) to deliver the government's at-retirement guidance guarantee.

The smallest advice firms face the largest proportion of regulatory costs, with some paying up to 20% of their income, research commissioned by the Association of Professional Financial Advisers (APFA) has found.

The Association of Professional Financial Advisers (APFA) has urged the regulator to re-consider reviewing the way it calculates the fees paid to it by advisers, after plans to overhaul the area were scrapped.