The chair of the Financial Services Consumer Panel (FSCP) has offered harsh criticism of firms' efforts to improve how they deal with clients, saying she doesn't believe most have embraced the idea of treating customers fairly.
Another Keydata adviser has been declared in default by the Financial Services Compensation scheme (FSCS), as it published a new list of 28 advice firms unable to meet claims against them.
A legal firm, which recently launched as part of the St James's Place (SJP) network, has bought two financial services firms, fueling its plans to reach £500m of assets under management (AUM) in five years.
Other adviser firms articles
With transparency at the forefront, an increasing need to demonstrate value to clients, and charging rules changing, technology has never been more central to advisers' work, says IRESS executive general manager (wealth) Mark Loosmore.
The Association of Professional Financial Advisers (APFA) has warned the industry could yet lose more small firms as advisers say they are lacking confidence in their business models.
Three advisers share their personal stories on why they decided to turn their back on products and make the switch into financial life planning.
Is it possible for all advisory firm to establish and run a successful self-directed proposition? Rebecca Jones investigates...
The True Potential group has reported its net profit for last year was up 47% as it benefited from a drastic increase in adviser numbers.
In October Symponia launched its Legal Academy to help foster strong working relationships between advisers and solicitors operating in the later life market. Helen Morrissey talks to joint managing director Jeremy Davies about his plans for the Academy.
Advisers have stressed they are keen to become more involved in long-term care (LTC) advice, with a desire to be included in council referral lists, the Association of Professional Financial Advisers (APFA) says.
The Financial Services Compensation Scheme (FSCS) has declared a further 18 advisory firms in default.
There is a common misconception that financial advice is reserved for later life, but younger people could be missing a trick by delaying.
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