Advisers' contribution to funding government retirement guidance service Pension Wise should be reduced because they are not benefitting from its existence as much as anticipated, according to the Association of Professional Financial Advisers (APFA)....
A new association for directly authorised advisers said it hopes to bridge the advice gap by introducing a type of service for which commission-like payment will be possible.
Remembering pension transfer permissions
Half of advisers refuse to implement pension transfers out of defined benefit (DB) schemes amid worries the regulator would hold them to account further down the line, according to research.
The Association of Professional Financial Advisers (APFA) has called on the regulator to issue clear guidelines on adviser liability when handling pension transfers involving 'insistent' clients.
Advisers are being asked to vote on four options for limiting their personal liability for the advice they give, with the results passed to the regulator in a bid to make it reconsider its stance on the issue.
Investment advisers are still heavily reliant on income paid through commission, according to the latest research by the Association of Professional Financial Advisers (APFA).
The majority of advisers have turned clients away in the last year, mainly because they were concerned the advice was too expensive, research from the Association of Professional Financial Advisers (APFA) suggested.
The Association of Professional Financial Advisers (APFA) has called for an independent audit to be carried out on the way the Financial Services Compensation Scheme (FSCS) funds its projects and recoveries.
This week's events, hires (and a joke)