Nearly one in five advisers (18%) are putting client portfolios at risk by failing to carry out annual rebalances or reviews, research by Skandia suggests.

1st- Exchange will combine its back office software solution Adviser Office (AO) with wrap provider Wealthtime.

Evaluate Technologies will recruit up to 10 staff by the start of next year as it looks to expand further into the online mortgage sourcing market.

Nearly all (98%) Britons say they would take out optional insurance premiums for holidays, pet cover, and mobile phones before considering insuring their retirement income, research by Aegon suggests.

FSA plans requiring IFAs to hold capital of at least three months of their annual fixed expenditure risk the sustainability of the sector, warns the Association of Independent Financial Advisers (AIFA).

Britain risks a "public debt spiral" unless the Government takes "drastic" action to slash its deficit, according to the Organisation for Economic Co-operation and Development.

Advisers must make customers understand their decumulation choices are as important as initially saving towards a pension fund, says Aegon.

People who really need good financial advice risk being shut out by FSA-led industry reforms, shadow pensions minister Nigel Waterson says.

British home owners in Spain are set to reclaim £283m they were illegally overcharged by the Spanish government.

Age is no barrier to attaining further qualifications, results from the latest round of Chartered Institute for Securities and Investment (CISI) exams suggests.