The govt and FCA are consulting on the options for a time bar on complaints against financial advice
National advice firm LEBC has posted a 43% increase in pre-tax profits for the last year, saying it had benefited from the "positive impact" of the incoming pension freedoms.
Almost a fifth of all firms granted interim consumer credit permissions are IFAs, according to Financial Conduct Authority (FCA) figures.
Adviser network Tenet is offering its members licences to self-approve drawdown advice in a bid to speed up its processes ahead of the incoming pension reforms.
Adviser group Tenet has reported pre-tax profits jumped 32% last year, boosted by the impact a buoyant housing market had on its mortgage business.
Nine tips for recruiting and retaining good advisers
Network Sesame has again come out top as the most complained about advice firm, although numbers of cases against it were down, according to the Financial Ombudsman Service's (FOS) half yearly figures published today.
Network Tenet has been authorised by the Financial Conduct Authority (FCA) to provide a full range of consumer credit services.
An online petition calling on the government to remove the financial ombudsman's right to consider client claims without any time restriction has ended 3,000 signatures short of target.
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