South Wales network Interlink went under in April and Lifeboat advisers bailed out in February after the liquidators were called in. Group 300 disappeared in October after the FSA removed its authorised status. Financial services giant Bradford & Bingley decided to opt out of independent advice entirely and sell off mortgage IFA arm Charcol in December. One of the most successful this year was Aegon UK with the amalgamation of five firms to form mega IFA Origen in May. Burns Anderson got back on its feet following extensive restructuring announcing individual productivity rising to #74,000 per adviser in its interim results. Merger talks between Berkeley Berry Birch and Inter-Alliance collapsed but Millfield stepped into the breach in October. The deal will potentially create the UK’s biggest national IFA with 1,850 advisers. Investment IFA Chase de Vere is up for sale and a deal between Destini and Thinc is in the offing, which could see the new players create one of the biggest groups in the market next year.