adviser firms

Advisers are concerned service quality could suffer if Resolution succeeds in a takeover of AXA's annuity, protection and group pension business.

National IFA Moneygate has acquired Buckinghamshire-based Beacon Asset Management as its expansion drive gathers pace.

An IFA who specialises in high-net-worth (HNW) business is launching a "mass-market" firm offering partial pay-as-you-go advice to people on lower incomes.

Ashcourt Rowan has unveiled a recruitment drive to underpin its national expansion programme.

Sanlam UK has bolstered its newly-established distribution department with two senior appointments from Canada Life and Buckles as the company looks to partner IFAs in the post-RDR world.

Moneygate has boosted its senior management team with three new appointments as the national IFA bids to grow the business ten-fold.

As many as one in three advisers could leave the sector post-RDR as smaller firms struggle to survive and consolidation grips the industry, according to Bluefin Advisory Services.

National IFA Cavanagh Group has reported pre-tax profits of £782,000 for 2009 and has outlined plans to develop a wealth management platform.

Advisers think the coalition government is positive - although doubts remain over its ability to deliver on key issues including taxation.

Advisers expect a surge in demand for ETFs this year, as the Australian market moves from commission based selling to fee for service models, according to Russell Investments.