TITLE

IFAs welcome cut in FSA fees

AUTHOR(S)
Blackmore, Nicole
PUB. DATE
June 2009
SOURCE
Money Marketing;6/4/2009, p56
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that independent financial adviser (IFA) gladly welcome the proposed reduction on fees by the Financial Services Authority (FSA) in Great Britain. Chris Cummings, director general of the Association of Independent Financial Adviser (Aifa), reveals that their extensive campaign has paid off which is necessary during the financial crisis. It also offers information on the changes in the fees carried out by FSA as well as its relevance on advisers and mortgage brokers.
ACCESSION #
42010475

 

Related Articles

  • 71% of brokers unsettled at Cummings1 dual role.  // Mortgage Strategy;7/11/2005, p6 

    Highlights a survey on "Mortgage Strategy" website which showed that an alarming 71% of intermediaries in Great Britain would reconsider membership of the Association of Mortgage Intermediaries (AMI) if it continues to be run in the shadow of the Association of Independent Financial Advisers...

  • Adviser comments.  // Money Marketing;6/24/2010, p14 

    The article presents comments from independent financial advisors (IFAs) on the role of Association of Independent Financial Advisers (AIFA) director general Chris Cummings and mentions his contributions in Great Britain.

  • Cummings to head trade body for mortgage advisers.  // Money Marketing;4/24/2003, p12 

    Reports on the appointment of former Sun Bank marketing director Chris Cummings as director of the upstart trade association for mortgage advisers Association of Mortgage Intermediaries. Association's aim of becoming the voice of mortgage advisers with the government and regulators; Cummings'...

  • The Debate on Upcharging.  // Broker Magazine;Apr/May2002, Vol. 4 Issue 2, p24 

    Presents the comments of mortgage brokers on the issue of upcharging third party fees. Definition of upcharging; Implications of the issue for package shipping; Disagreement of mortgage broker Mac McConnel to the practice of upcharging.

  • Gold rush. Gilchrist, Chris // Money Marketing;12/17/2009, p13 

    In this article the author discusses the new model independent financial advisor (IFA) who collects one per cent annual fees on lots of assets in Great Britain.

  • Injustice of this unfair levy on advisers.  // Money Marketing;4/8/2010, p29 

    In this article, the author comments on the unfair levy imposed on advisers by the Financial Services Compensation Scheme (FSCS) in Great Britain.

  • Who qualifies as a `fee-only' financial planner?  // Practical Accountant;Aug97, Vol. 30 Issue 8, p12 

    States that the controversy surrounding the term `fee-only' is growing among financial planners in 1997. Information on the advisory opinion issued by the Certified Financial Planner Board of Standards on the term `fee-only'; Reference to the short comings of this advisory opinion; Details on...

  • Quality should be the focus of lead buying. REES, JUSTIN // Mortgage Strategy;6/13/2011, p14 

    The author reflects on the need for financial planners to focus on providing quality leads to attract and retain high end consumers as well as ensure profitable business in Great Britain.

  • AMI calls for fair regulation of mortgage brokers. Thomas, Paul // Money Marketing;11/22/2012, p16 

    The article reports that the Association of Mortgage Intermediaries (AMI) is calling for a clear disciplinary procedure for mortgage brokers in Great Britain to ensure that advisers are treated fairly.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics