Advisers who wish to be independent post RDR can use a single platform for the 'majority' of their clients if it is in their best interests, the FSA proposes today.

The direct compliance cost to firms of mortgage intermediaries adopting the RDR's 'independent' and 'restricted' labels will cost firms £17m in a one-off charge, the FSA estimates.

The FSA considered moving to an all-advised mortgage market but says consumers should not be "forced" down the advice route.

A free guide designed to help adviser firms select a discretionary manager has been launched by Defaqto.

Calls for financial planners to be consumers of their profession as well as practitioners sparked a debate this week.

Positive Solutions is easing the level of fund research required when recommending governed, managed or model portfolios following partner feedback.

US-based adviser Michael Kitces explains why financial planners must become consumers of the profession they practice if they want to be taken seriously.

In a scenario more synonymous with English football, new AIFA director general Stephen Gay has been criticised before he has even sat down at his new desk.

James Hutson, the chief investment officer at Rowan Dartington, has left the business as parent company Astaire Group moves a step closer to selling the wealth manager.

Software provider Focus Solutions, whose major clients include Tenet Group and AWD Chase de Vere, is in preliminary discussions over a possible takeover of the company.