by Miranda Seath | 04 August 2017 | Archive
Among the avalanche of ‘terms of reference’, consultation papers and policy statements coming from the FCA this summer (a little light reading for the train to Cornwall on this Friday’s staycation weekend!) is CP 17/16: Advising on pension transfers. The current...
by Miranda Seath | 21 July 2017 | Archive
When I imagine my twilight years, I am not sitting in a cramped flat watching ‘Homes under the Hammer’. Rather I am making that once-in-a lifetime trip on the Trans-Siberian Express all the way to Vladivostok (this may just be me…?). But is retirement a fundamentally...
by Miranda Seath | 19 June 2017 | Archive
Miranda Seath, Head of Intermediary Research, comments: A merger between Scottish Widows and Standard Life would create a combined group with assets under management in DC schemes north of £70.6 billion – making it the largest defined contribution player by assets....
by Miranda Seath | 26 May 2017 | Archive
The FCA’s Data Bulletin is increasingly hotly anticipated and yesterday’s release shared some fascinating insights on adviser charging, sources of revenue and revenue per adviser. The data show that the average minimum initial advice charge is 1.2% and average maximum...
by Miranda Seath | 28 April 2017 | Archive
Uniquely in the UK, advisers control around 80% of retail fund distribution. The competition to attract advised assets has been increasing in intensity since the removal of any commission bias following the RDR. And in recent years, discretionary fund managers have...
