The Treasury wants to hear from financial advisers as it published a call for evidence as part of its review into the role played by the Money Advice Service (MAS).

Three advisers tell PA why they started their own firms

The great break-away: How the RDR sparked a new wave of start-up firms

Support services provider Simplybiz has seen a 10% increase in profits in the first year post-Retail Distribution Review (RDR) while 2% of its members have left the industry.

IFA and wealth manager Gemini Wealth Management has acquired the pension and investment business from a fellow advisory firm after it shut up shop due to the "increasing costs" put on small firms.

The owners of a former advisory business are a step closer to facing a £500,000 claim for bad advice after a judge ordered them to disclose documents that could wreck their defence the claim is too old.

Business volumes in financial services were up in the three months to June fueling optimism in the industry, despite an unexpected fall in profitability, according to a survey by the Confederation of British Industry (CBI) and PwC.

The Retail Distribution Review (RDR) has resulted in a small number of gatekeepers at financial adviser firms, investment platforms, discretionary and wealth managers steering more money into fewer, bigger funds, research has suggested.

Advice firm consolidator AFH Financial group has raised £1m to fund its further expansion as the group issued new shares ahead of its first day of trading on the Alternative Investment Market (AIM).

The Association of Professional Financial Advisers (APFA) has warned the industry could yet lose more small firms as advisers say they are lacking confidence in their business models.