A Loughborough-based financial advisory firm is one of the first to consider moving into legal services following changes to the Legal Services Act made in January this year.

IFAs that outsource fund management may be "abdicating their responsibilities," according to the founder of Belfast-based firm Carrington Wealth Manager.

Wealth management business Quilter and Co. is to merge with discretionary investment firm Cheviot Asset Management to form a new firm, Quilter Cheviot.

Taunton-based advisory firm InvestSouthWest has launched a recruitment drive in a bid to service 'Mr Average' - a segment of the market it claims has been orphaned by banks and investment-only IFAs.

The Income Protection Task Force (IPTF) will unveil a consumer charter for income protection early next year.

The Financial Services Authority (FSA) has censured The Pentecostal Credit Union Limited (TPCU) for issuing loans worth £1.2m under its members' names but channelling the money to a church organisation.

About 80% of advisers are concerned about the low rate of lifetime annuities and are looking for alternatives, according to research out today.

The Unbiased website has re-launched with several new search facilities that aim to give a more refined consumer / adviser match.

Self-invested personal pension (SIPP) provider Intelligent Money has sold its direct-to-consumer (D2C) business to discount broker Clubfinance.

Wolverhampton-based sole trader Paul Landa is to launch a Facebook-like social network for advisers.