Financial services group Honister Capital has moved into profit after just three months of trading following strong showings from advisory businesses it acquired last year.
Money Portal's bid for adviser network Burns-Anderson has been finalised after gaining FSA approval.
Depolarisation has failed in its objectives because consumers have not received greater value, according to speakers at the FSA retail intermediary conference.
Equity release enquiries addressed to the IFA network Burns-Anderson will now be referred to area specialists, Hinton & Wild (Home Plans), as the two companies agree terms for a non-exclusive arrangement.