J. P. Morgan Asset Management is to develop an investment outsourcing proposition for financial advisers.

Asset management and advisory group Ashcourt Rowan has narrowed its losses after implementing a programme of cost savings following a strategic review of the business.

TOP PERFORMERS

Financial adviser Lighthouse Group has announced it plans to de-list from AIM, citing pressures brought about by the retail distribution review (RDR) and regulatory changes.

The Financial Services Compensation Scheme (FSCS) has pledged to continue pursuing advisers it alleges mis-sold Keydata products.

CAST YOUR VOTE

The Financial Services Authority (FSA) is encouraging advisory businesses to review their replacement business sales processes.

BEST OF THE BEST?

IFA support provider SimplyBiz has received more than 90 expressions of interest from member firms keen on taking on advisers affected by the administration of adviser group Honister Capital.

Readers enjoying our very popular Coffee Lounge may notice we've updated our daily Sudoku challenge.