Investing in the profession

Stephen Shone, finance director at Royal London, is to step down from the role and be replaced by Kerr Luscombe.

Friends Life has said that 150 jobs are under threat of redundancy as part of an ongoing company restructure and cost-cutting plan.

Dennis Hall, the director of Yellowtail Financial Planning, is to chair his last meeting of the London Institute of Financial Planning (IFP) group this evening before stepping down from the role.

Ex-Threadneedle chairman Simon Davies has joined the board of national advisory firm, Intrinsic, as a non-executive director.

The Financial Ombudsman Service (FOS) has doubled its staffing levels since April last year to deal with volume of complaints about mis-sold payment protection insurance (PPI).

The Chartered Insurance Institute (CII) and the London School of Economics are launching a major piece of academic work looking at risk taking within financial services.

J.P Morgan Asset Management has launched an online portal to help advisers deal with their clients' income-related needs.

With Financial Planning Week under way, and the tenth and last adviser seminar for 2012 wrapped up, AIC training manager Jackie Lockie reflects on her year on the road meeting advisers.

Fifteen adviser firms have signed up to Verbatim Asset Management's Retail Distribution Review (RDR)-ready investment solution.

Sandringham Financial Partners, the restricted national advice proposition backed by Simplybiz chairman Ken Davy, has opened today.