06/03/2019

Adviser consolidation sparks fee debate

Quilter's acquisition of the Aim listed business is expected to complete during the second quarter of 2019, with the deal voted in by Lighthouse shareholders earlier this month.

05/31/2019

Charles Stanley restructuring to cost £9.5m

But the company stated the restructure should yield "immediate cost reductions" expected to build up annualised savings in excess of £4.5m from the financial year 2022 onwards.

05/30/2019

Another huge year for St. James’s Place

St. James’s Place is committed to training and developing the next generation of advisers and has invested some GBP10 million into the St. James’s Place Academy

05/30/2019

Dolfin - Best International Clients Team

Nick McCall, head of wealth management at Dolfin says: “What makes us stand out from the crowd is the modern sophisticated technology platform which underpins the wealth offering."

05/30/2019

Is advice still being cross-subsidised from elsewhere?

The FCA is clear that this is against its rules, stating that “the allocation of costs and profit between the adviser’s charge and product cost should be such that any cross-subsidisation is insignificant in the long term”.