Managing director Gill Cardy says organisation can no longer continue to represent IFAs.
Purchase involves £58,851 initial payment with further performance-based cash considerations of up to £191,580.
Trade body says it is no longer sustainable for advisers to hold consumer credit licences as a “precautionary measure”.
Four investment advisers have joined the FE Adviser Fund Index, taking its panel from 18 members to 22.
Nathan Bostock being touted as possible future replacement for Santander UK chief Ana Botin.
David Jeffs given life sentence following £343,000 fraud
Insurer denied adviser full access to wrap because he did not have enough clients on platform.
Sale of 109 million shares should net the bank £105m.
Standard taking 12.5 per cent commission on all equity trades carried out within its Sipp.
Jelf saw overall revenues grow 4.4 per cent to £76.2m in 2013.
SJP recommended an Isa be transferred to itself on a ‘tenuous basis’, the FOS has ruled.
Merger with Skills for Justice earlier this year has resulted in consolidation of senior roles.
Deal is Bellpenny’s 13th since launch and brings £141m assets under advice.
Firm say they are moving away from charging on a percentage of client assets basis.
IFA Centre, Apfa, and the PFS argue a full review of the RMAR is still needed.
Advisers feel the cost of their service has become too high for some clients’ needs.
Research from The Platforum preducts average panel size will drop from the current average of 115 funds.
Fund manager says it has its “eyes open” for potential deals, and is ongoing talks with one advice firm.
Mattioli Woods chief executive Ian Mattioli says growing awareness of the cost of advice will force small IFAs out of the industry.
Industry had expected announcement over findings of government consultation into transferal of Child Trust Funds into Junior Isas.
Scottish adviser firm failed to ensure suitability of advice, Tribunal rules.
Advisers who refer corporate clients to the service will receive an “introducer fee” of £1,000 per employer.
Charles Stanley in talks to take on number of Cardiff-based investment managers for Welsh move.
But TSC chair says it is too early to review the impact of the RDR.
David Jeffs murdered his client after he discovered a £343,000 fraud.
Malcolm Small to focus on work with Institute of Directors and Altus
Regulator writing to a sample of firms ahead of onsite visits in the new year.
Network says it has identified a successor, subject to regulatory approval.
Advisers which choose restricted model will have PI excess waived and pay lower fees.
With around 5,000 funds for the UK investor to choose from and widely differing performance depending on who is at the helm, identifying a strong manager has never been more important.
Barclays analysts say “in an unbundled world the power appears to be shifting towards larger advisers and distributors.”
Advisory firm has appointed Beverly Landais as marketing and business development director as part of a drive to grow its professional services client base.
David Jeffs awaits sentencing over killing of client Robert Troyan.
Regulator should recognise its responsibilites in approving firms, says John Gummer.
Fall in adviser numbers means there is a risk of consumer detriment, says TSC chair.
Firm says some jobs will be lost but overall adviser support team will increase
Platform and DFM panels have both cut down to four providers.
Quarterly study looks at platforms’ costs, user feedback, growth, AUA growth, financial strength and functionality.
Deal involves an initial cash sum of £195,000 followed by a further payment of £227,000 dependent on performance.
Former SJP adviser has handed a 14-year bankruptcy restriction.