Retail investors in the UK are now paying over a fifth less in annual fund fees as a result of the introduction of the Retail Distribution Review (RDR), according to analysis by online investment platform rplan.
UK Advisers adapting well to a post-RDR world
Taking part in a survey conducted by Cofunds, 60% of advisers revealed that their businesses are more economically viable than 18 months previously, despite more stringent regulations and significant changes to pensions landscape. Paul Stanfield, chief executive of the Federation of European Independent Financial Advisers, said that increased profitability was unsurprising and showed that advisers […]
Hargreaves Lansdown profits up
Hargreaves Lansdown posted a 7% rise in pre-tax profits to £209.8m for the year to end June, with total assets under management climbing 29% to £46.9bn.
Advisory decline in UK same in store for
The amount of financial advisors employed in the UK has gone down by 20% since 2011.
post rdr adviser world struck by costs
Regulations should be pared down and costs reduced to foster a competitive and sustainable adviser market, a report compiled by APFA revealed.
UK RDR reform bites in adviser numbers
Following the barring of retail distribution fees in 2013 in the UK, the number of financial advisers has dropped by more than 20%.
Lost in translation
Mifid II is, even before implementation, already triggering plenty of unease amongst Europe’s asset management industry.