UK Adviser
United Kingdom | 27 Mar 15
Cofunds posts surge in pre-tax profit for 2014
UK investment platform Cofunds has reported an 83% increase in pre-tax profits of £7.7m for 2014 due in part to a big growth in retail pension assets using its service.
FPI Van Der Wielen to leave
Friends Provident International’s executive chairman John Van Der Wielen is to leave the group, as shareholders yesterday backed Aviva’s takeover deal of Friends Life.
United Kingdom | 26 Mar 15
FCA to increase adviser fees by 10
The UK Financial Conduct Authority has outlined plans to increase the adviser regulatory levy by 10% to reach nearly £75m.
United Kingdom | 26 Mar 15
FCA to make annuity providers rank their products
Annuity providers in the UK will be required to rank their product against their competitors in order to help consumers find out if they can get a better deal by shopping around.
United Kingdom | 25 Mar 15
FOS freezes adviser levy and cuts budget
The Financial Ombudsman Service has frozen its compulsory levy which is partially funded by advisers and will cut its budget by 11% over the next tax year.