Financial advice should be grouped by type of service and given price tags to break down the barriers consumers often face when shopping for it, Unbiased chief executive Karen Barrett has suggested.
The Financial Services Consumer Panel (FSCP) is calling on the regulator to implement "radical, structural reform" of how fund managers charge investors, in a damning report on the problem of "cost opacity and control" in the industry.
A recent press release from Skandia UK, a fund management and wrap platform provider, claimed that while ETFs tout their low costs, a straight comparison with mutual funds of total expense ratios (TERs) can be misleading.
Less than 20% of employers believe they are currently getting full value from the money they spend on employees' pensions, research by Watson Wyatt reveals.
Notification of a sharp price increase affecting Adviser Office Premier - 1st Software's product for the smallest IFA firms - is drawing stinging comment from some users.
Cost of regulating the mortgage industry has been far greater than anticipated whereas the benefits of being monitored by the Financial Services Authority have yet to be realised, industry experts said yesterday.
Nearly half (47%) of mortgage intermediaries say the new regulatory regime under the Financial Services Authority (FSA) has increased the costs to their business according to new research.
New demographic projections have shot a hole through previous government forecasts as to the amount of GDP pensions costs will equal, says the Pensions Policy Institute.
Price rises averaging 6.7% annually are hitting parents of those with children born in 2004 who want to plan ahead for school fees, and threaten to load them with a £134,000 cost of education over seven years of future secondary education, says JP Morgan...