Brewin Dolphin tests low-cost advice service WealthPilot

The company, which has been looking at ways to innovate during "continued evolution of financial regulation and government policy", said the standalone operation will offer lower cost investment solutions, while it also approved the development of a separate advice-led proposition. Chief executive David Nicol said: "To prosper and remain competitive, successful businesses must constantly seek to innovate, change and improve. "At the core of our current strategy is an appetite for innovation and constructive change. While I consider our record in this regard to be good, I also believe ...