A Devon-based chartered IFA has launched a software tool that ensures advisory firms are able to satisfy and demonstrate that they satisfy the requirements of independence.

One London-based adviser has said that an unseen restrictive covenant in a contract with his appointed representative (AR) firm means that he is prevented from working for one of the biggest networks in the country forever.

Santander is to suspend its team of 800 advisers while they undergo an intensive training programme to ensure they are fully skilled for the Retail Distribution Review (RDR).

Some large adviser networks may be forced to "tackle" their independent advisers and switch to a restricted advice proposition in order to survive, according to one chief executive.

RSM Tenon has said it will not re-appoint PricewaterhouseCoopers (PwC) as auditor of the company following a vote at the company's annual general meeting(AGM)today.

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A major section of the new Retail Mediation Activities Return (RMAR) form has been branded "unworkable".

Stephen Shone, finance director at Royal London, is to step down from the role and be replaced by Kerr Luscombe.

Retirees with pension pots worth less than £18,000 will no longer have to pay higher-tax rate when taking a pension pot as cash, according to reports today.

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