Adviser Alliance, the organisation set up to fight regulatory change including the RDR, is now recruiting new members to challenge the FSA.

Prosperity IFAs & Stockbrokers, the firm established by three former Edward Jones advisers, has selected Ascentric to power its whole of market model.

The Building Societies Association (BSA) has urged against buy-to-let regulation when the FSA sets its final rules for the mortgage market in the coming months.

Platforms should come under the same whole of market regulatory scope as investment products post-RDR, according to advisers.

Repossessions hit their highest level for 14 years to reach 46,000 in 2009, according to figures from the Council of Mortgage Lenders (CML).

The Cautious Managed sector held on to its dominant sales position on Cofunds for January, but property continued to be the fastest-growing sector.

The Tax Incentivised Savings Association (TISA) says it is developing a platform re-registration system which could be in place by next year.

The Government is preparing to drop its guarantee for Northern Rock deposits in the coming weeks as it readies the nationalised lender for sale, reports The Telegraph.

Resolution has appointed former Standard Chartered chief executive Sir Malcolm Williamson as chairman of Friends Provident Holdings.

He may have inherited a poisoned chalice but Hector Sants did little to improve the industry, advisers say.