commission

Do we need competition in the advice sector?

A 23% fall in commission income held back Brewin Dolphin in Q4 despite improving revenues from fee-based business, the wealth manager has said.

Advisers are charging clients more post-Retail Distribution Review (RDR), despite falling product prices, a consultancy hired by the Financial Conduct Authority (FCA) has found.

The banning of commission on retail investments and the subsequent revelation of the "true cost" of advice has led some clients to consider the value of what their adviser offers, the Financial Conduct Authority (FCA) has conceded.

The Financial Conduct Authority (FCA) has declared the Retail Distribution Review (RDR), its long-standing project to revamp the retail investment advice market, is working, though some concerns remain on the costs of advisers' services.

WH Ireland shares have recovered ground after falling as much as 15% as the group warned full year profits will come in below previous expectations.

Investment managers have made little change to how they purchase research using dealing commission despite a Financial Conduct Authority crackdown earlier this year.

The Financial Services Consumer Panel is to launch an investigation into fund management costs after claiming some of the charges are "unjustified".

Transact has said it will halve both its buy commission and dealing charges from 1 March.

The Financial Conduct Authority (FCA) has launched a consultation on proposed changes to the rules governing the use of dealing commission by fund managers, in particular how they pay for access to company CEOs.