The middle 60% of an adviser's client bank tends to be the "most difficult to service", meaning their work for them is often "reactive", business consultant David Shelton has said.

LINDA WOODALL

South East and London based national, Foster Denovo, aims to increase its workforce by approximately 50%, according to chief executive Roger Brosch.

Intrinsic is to offer its restricted advisers access to a panel of platform providers.

The London mayor Boris Johnson said yesterday that he wanted to cut the top tax rate further, from 45p to 40p in the pound.

Advisers expect an anticipated increase in self-directed investment following the introduction of the Retail Distribution Review (RDR) will lead to more work for them, research suggests.

The managing director of Sense Network has said that he has "grave concerns" regarding the readiness of product providers for the Retail Distribution Review (RDR).

Financial advisers in the UK "lag their US peers" in making use of softer skills, according to life coach Maria Nemeth.

Linda Woodall, the head of investment intermediaries at the Financial Services Authority (FSA), has admitted there is an "ongoing underlying tension" between advisers and the regulator, but claims this is "as it should be".

Advisory firm Moneygate has received a cash injection of £18m with which it hopes to buy approximately 25 companies, according to reports.