An IFA who allegedly reduced a client to tears after a drunken meeting has claimed she was unfairly forced out of the business by her employer.

St James's Place (SJP) is targeting double digit growth over the next five years, after announcing positive new inflows this morning.

SPURIOUS

The Treasury Select Committee (TSC) is calling for submissions on the future of the Money Advice Service (MAS) - the national free consumer advice scheme funded, in part, by the financial services industry.

Towry Law is to recruit ex-bank advisers and upscale wealth managers following the Retail Distribution Review (RDR), according to its chief executive.

The IFA Centre has begun lobbying the Financial Services Compensation Scheme (FSCS) on alternative funding models for advisers - including a separate category for firms recommending riskier investments.

Prudential has announced details of its products eligible for adviser charging - allowing IFAs to receive fees direct from the provider, rather than the client.

Wrap provider Nucleus has reported an operating loss of almost £1m for 2011 as the group invested in its proposition.

National IFA AWD Chase de Vere has appointed Cofunds as the main platform provider for its mass-affluent client segment.

Sesame Bankhall Group (SBG) has announced the product providers for its restricted advice offering, due to be launched in Q3.