costs

Retirement costs soar by a fifth

The cost of a comfortable retirement has increased by nearly a fifth in the last two years as average spending by retired households climbs to £23,675 a year, new analysis of the latest Government data has shown.

Technology costs rise ahead of Consumer Duty

Spending on new technology is the biggest driver of increased investment by adviser firms ahead of the implementation of Consumer Duty coming into effect from the end of July.

Regulators consult on limiting FSCS management costs

The Financial Conduct Authority and Prudential Regulation Authority have launched a consultation on the management expenses levy limit for the Financial Services Compensation Scheme (FSCS).

Major fee rises for Curtis Banks SIPPs

SIPP provider Curtis Banks is to raise SIPP fees substantially in a major overhaul of its charges and the interest it pays on SIPP cash accounts.

Mattioli Wood mulls more acquisitions but cuts costs

Wealth manager and SIPP firm Mattioli Woods forecast today that 2020 revenues would match 2019 and a round of cost cutting should help maintain profits.

FSCS warns SIPP complaints are pushing up levy

A rising number of SIPP complaints is creating upward pressure on the Financial Services Compensation Scheme levy, the body has warned.

FCA gets tougher on post-MiFID II cost disclosure

The Financial Conduct Authority has called on the investment sector and wealth managers to improve the way they disclose costs and charges to clients following a review of the sector which found shortcomings.

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