Tenet Comment
Please click on the links below to read the latest comments from Tenet...
08 July 2010 - Advisers won't face extra legal costs for FSCS judicial review
Regulatory Legal has assured IFAs that advisers making donations to help fund the judicial review of the FSCS will not face any additional legal costs
24 June 2010 - Cummings wins praise for his contribution to IFA cause
Aifa director general Chris Cummings has won wide-ranging praise for his role in lobbying on IFAs' behalf
17 June 2010 - FSA looks at alternate adviser charging model
Prohibiting commission structures that incentivise mis-selling would help to clean up the industry, according to the Future of Banking Commission report
20 May 2010 - IFAs join forces to lobby new MPs on "poor" regulation
Hundreds of advisers are gearing up to lobby their new MPs about years of “poor” regulation in what could represent one of the biggest “joined-up” challenges to the FSA
13 May 2010 - FSA accused of acting tough for election
Leading industry figures have urged the FSA to reassess its enforcement approach amid accusations that it is trying to bolster its position for the post-election world
13 May 2010 - FSA to clarify trail fate when clients switch adviser
The FSA is set to clarify the fate of trail commission when clients switch adviser from 2013 following concerns from advisers and providers
30 April 2010 - Journey connections
23 March 2010 - Tenet to expand adviser arm ready for RDR opportunities
Support service provider Tenet Group plans to expand its independent advisory business as part of a major transformation ahead of the retail distribution review (RDR).
11 March 2010 - Park Row advisers set to get FSA verdict
Ex-Park Row advisers will soon learn whether or not they will be reauthorised under new networks, with some set to see their authorisations cancelled
25 February 2010 - Advisers examine growth options
A third of advisers are looking to grow their businesses during the pre and post retail distribution review environment, according to a survey from Tenet
09 February 2010 - FSA taking longer to authorise firms, says Threesixty
The time taken for the Financial Services Authority (FSA) to authorise new firms has almost doubled to about 14 weeks
22 February 2010 - Tenet says IFAs are being cold called with offers for firms
Three out of 10 advisers surveyed by Tenet said they were looking to grow their businesses during both the pre and post-retail distribution review (RDR) environment
18 February 2010 - Biggest networks are facing hefty increases
Members of the biggest IFA networks are likely to be hit with the biggest increase in FSA fees and levies in the next financial year
07 January 2010 - RDR consultation a welcome step forward - Aifa
The FSA's proposals on raising professional standards represents a step forward for the financial services industry, according to Chris Cummings, director general of the Association of IFAs
