Some 27% of advisers expect to have sold their firms within three years according to research.

Director of Principal Financial Solutions Chris Daems argues that he may not have time to meet auto-enrolment (AE) obligations for some firms.

MOVERS & SHAKERS

Companies aren't giving themselves enough time to prepare for auto enrolment (AE), leaving themselves vulnerable to fines and even custodial sentences, according to one adviser.

Founder of Meaningful Money, Pete Matthew, is to launch a subscription community site for advisers looking to make better use of social media and improve their online marketing.

Direct to consumer (D2C) business Willis Owen has seen a 20% fall in pre-tax profit last year -and has set aside £45,000 to deal with complaints.

A Chartered financial planner who has spent more than two decades advising clients has quit the industry as he believes many parts of it are still geared towards selling products.

The majority of advisers plan to move all their clients to an adviser charging model within the next 12 months, according to research by Skandia.

One London-based advisory firm is developing an app that aims to alter financial behaviour with techniques used by Facebook game Farmville and weight loss group Weightwatchers.

The Financial Conduct Authority (FCA) has issued its largest ever fine on a retail sole trader - nearly £1m - for sale and rent back failings.