Ascentric has signalled the "beginning of the end" of the ongoing Towry transfer delays and is confident the problem will be resolved in a matter of weeks.

The prospect of a double-dip recession in Britain is increasing with every month as consumer confidence dwindles to recession levels, a long-running study shows.

IFA consolidator Towergate Financial is launching a series of tools to help firms transition to an RDR-compliant business model.

The FTSE plunged into negative territory in afternoon trading Friday as concerns over US economic growth and mixed results from big corporates drove Wall Street into negative territory at the start of trading.

BP is driving a midday rally in London shares after the oil giant's attempts to stop the oil leak proved successful, although banking stocks continue to slide.

Ascentric says delays in the transfer of £75m worth of Towry assets on to the platform are costing it £15,000 per month, as a dedicated team battles to sort out the "extraordinary" and "embarrassing" problem.

Tisa has appointed current director of portfolio and retirement planning Malcolm Small to the new position of director of policy with effect from July 1.

StructuredProductReview.com has launched an advertising campaign underlining its value in helping advisers find the right structured products in an ever-growing market.

Sheffield-based Burley Financial Services has taken an equity stake in Nucleus, becoming the IFA-owned wrap's 75th member firm.

Ascentric has launched a tool providing advisers with a breakdown of client portfolio charges, including the cost of setting up model portfolios and ETFs.