Consumers are waking up to the follies of making knee-jerk investment calls as they become aware of opportunities missed and the returns they could have achieved in the four years since the 2008 financial crisis, according to one adviser.

True Potential's head of group compliance, Charles Jackson, has left the firm after just five months in the role.

Tyneside-based Moneygate Group has acquired discretionary fund management (DFM) and advisory firm Watermark in a bid to broaden its offering to clients.

At least 50% of advisers looking to take up new technology in the post-Retail Distrubution Review (RDR) period are enquiring about direct to consumer (D2C) systems, according to one tech specialist.

The Personal Finance Society (PFS) has launched an online ethics toolkit for its members.

HM Revenue & Customs (HMRC) has successfully challenged a tax avoidance scheme in court and thereby ensured an additional £156m will be collected for the UK coffers.

An IFA has claimed a number of providers have agreed to pay him compensation following a raft of "significant" delays and mistakes he believes have been caused by their failure to be ready for a post-Retail Distribution Review (RDR) world.

The government's £75,000 long-term care (LTC) cap is too complicated and "discriminates against self-funders", according to one adviser from charity Independent Age.

Some 57% of advisers have said they plan to outsource to discretionary fund managers (DFMs), according to research released today.

The Financial Services Authority's (FSA) decision to make advisers that don't consider active investments restricted was a "hallelujah" moment for one Belfast-based adviser.