TailorMade, a UK distributor of investments in Harlequin Property, has said it stopped taking new money into the overseas property scheme in January following a Financial Services Authority (FSA) alert about Harlequin.
Today the Association of Professional Financial Advisers (APFA) released its research, spanning five years, into the shape of the adviser marketplace. Here IFAonline breaks down its findings into the key numbers.
The number of advising staff working in financial advice firms fell 9% last year, according to figures put together for the Association of Professional Financial Advisers (APFA).
Prudential has reported operating profits for 2012 of £2.5bn, up 25% on the previous year.
Asian shares took a breather on Wednesday, struggling for traction as some investors locked in profits from the markets' recent rally while a bit of yen strength capped the upside for Japanese stocks.
Britain is on track for a triple dip recession, one of the nation's leading forecasters has signalled, as new figures on the UK's manufacturing industry dealt a blow to recovery hopes and sent sterling crashing to a fresh two-and-a-half year low.
A law firm has warned that some property investments made with Harlequin Group via a self-invested personal pension (SIPP) may have breached lending rules.
As many as one in three new self-invested personal pensions (SIPPs) with Dentons is investing direct into UK commercial property, the highest rate the provider has seen.
An ex-futures trader has been jailed for insider dealing after pocketing £591,000 in fraudulent deals.
Harlequin Property, a UK-based overseas property sales agent that is not regulated by the Financial Services Authority (FSA), has agreed a "substantial" out of court settlement with a number of investors who wanted their money back.