Sense Network has said it made a profit of £310,000 for the 12 months ended 31 May, an increase of almost 30% on the previous year.

Lighthouse Group intends to launch a Direct to Consumer simplified advice service in a bid to capture a section of the mass market that is unable or unwilling to pay for financial advice.

AWD Chase De Vere has partnered with Welsh accountancy firm ktsowensthomas (KTS) following a tender process.

Following £850,000 in funding from the Welsh govenrment, advisory firm Guardian Wealth Management has launched a new head office in south Wales.

Payment solutions provider Equiniti is to launch an execution-only service that aims to help its IFA partners service the mass market.

D2C

Advisers consider confidence and positive attitude to be the top characteristic of the most successful financial advisers in the industry, according to a poll posted yesterday.

Take up of structured products within the UK is disproportionately low compared with the US and Europe in part because of dogma within the adviser community, according to one investment analyst.

Aegon is set to tell investors and analysts that it aims to double the percentage of sales it makes directly to customers (D2C) to about a third by 2015, according to reports.

Following The Solicitors Regulation Authority's announcement that it will launch a consultation into adviser referrals, one adviser letter to the body urges it to carefully consider the case for restricted advice.