APFA

The prospect of a 'regulatory dividend' for advisory firms - proposed by the Association of Professional Financial Advisers (APFA) - has been all but ruled out by the Financial Conduct Authority (FCA).

The smallest advice firms face the largest proportion of regulatory costs, with some paying up to 20% of their income, research commissioned by the Association of Professional Financial Advisers (APFA) has found.

The Association of Professional Financial Advisers (APFA) has urged the regulator to re-consider reviewing the way it calculates the fees paid to it by advisers, after plans to overhaul the area were scrapped.

A third of advisers offered renewals of their Professional Indemnity Insurance (PII) received increased premiums, the Association of Professional Financial Advisers (APFA) has found.

Adviser numbers are down and firms' profits after tax, despite a temporary recovery last year, are lower than the two previous years, according to research from the Association of Professional Financial Advisers (APFA).

The Association of Professional Financial Advisers (APFA) has said it hopes a new approach to funding the Financial Services Compensation Scheme (FSCS) will mean lower overall contributions from advisers in the long term.

The Association of Professional Financial Advisers (APFA) is preparing to challenge the Financial Ombudsman Service (FOS) this week over what it considers inconsistent case verdicts on advisers.

The Association of Professional Financial Advisers (APFA) has called on the regulator to adjust next year's fees for advisers to "correct the error that occurred" in the previous year.

Almost a third of advisers have plans to expand their business in the next six months, either by recruiting additional staff or through mergers or acquisitions, according to research from the Association of Professional Financial Advisers (APFA).

The Association of Professional Financial Advisers (APFA) has asked for the regulator's budget to be frozen for three years, so it can provide a cut in real terms.