Changes introduced as a result of the Retail Distribution Review (RDR) are likely to lower retail advisers' share of the investment market, but they do not represent the "death knell" for the sector, according to an investment group.
A couple is pursuing national IFA firms Positive Solutions and 2plan Wealth Management for what they claim was negligent advice to invest in high risk unregulated investments - including using money they had received from a critical illness (CI) payout....
The Financial Conduct Authority (FCA) is to defer its capital adequacy requirements on personal investment firms (PIFs) - which were due to kick in at the end of this year - by a further two years, and will use the time to review its entire approach to...
The Association of Professional Financial Advisers (APFA) has written to the regulator to ask for a period of regulatory certainty to allow advisory firms to adapt fully to the Retail Distribution Review (RDR).
Tailormade, which advised on self-invested personal pension (SIPP) transfers into troubled overseas property company Harlequin and was a major distributor of Harlequin investments, is entering liquidation because it cannot finance redress payments to...
Sven-Goran Eriksson, the former England football manager, has hit out at the adviser who he claims cost him £10m, labeling him the "only person on earth I hate."
The Financial Conduct Authority (FCA) has written to advisers asking them why they failed to comply to its redress scheme rules in reporting back on the number of eligible Arch Cru claimants they had on their books.
AFH Financial Group, an independent financial advisory and discretionary wealth management firm, has raised £2.8m to fund its acquisition strategy.
The number of financial advisers operating in the UK has risen slightly in the first half of the year as intermediaries re-enter the market, according to figures from the Financial Conduct Authority (FCA).
Nearly a third of advisory firms have lost clients as a result of the Retail Distribution Review (RDR), according to research from GfK.