Friends Life has said that 150 jobs are under threat of redundancy as part of an ongoing company restructure and cost-cutting plan.

Dennis Hall, the director of Yellowtail Financial Planning, is to chair his last meeting of the London Institute of Financial Planning (IFP) group this evening before stepping down from the role.

Over one third of advisers are considering changing their platform in the next 12 months according to a report released today.

Aegon has appointed Duncan Jarrett to the role of retail managing director following a restructure at the group.

Product provider Aviva is set to cut a further 120 jobs as it continues to target cost savings of £400m.

The Law Society has taken the unprecedented step of urging its members to ignore the Solicitors Regulation Authority's (SRA) new rules on recommending financial advisers to clients, warning that they could expose solicitors to negligence claims.

Canada Life has announced its post Retail Distribution Review (RDR) adviser-charging structure across its core retirement, onshore and offshore investment solutions.

EXAMS

The Solicitor Regulation Authority's (SRA) board has agreed to allow solicitors to make referrals to restricted advisers causing consternation within the industry.

Ex-Threadneedle chairman Simon Davies has joined the board of national advisory firm, Intrinsic, as a non-executive director.