APFA wants FCA to accept adviser demands
The number of financial advisers operating in the UK has increased 5% in the last year as the industry edges closer to pre-Retail Distribution Review (RDR) levels, according to the latest data.
Is the UK is facing a different type of advice gap: too few advisers for the number of people needing them?
Business is booming for advisers, according to a poll that signals increasing profitability and confidence in the sector two years after the rule change doomsayers said would herald its demise.
Financial advisers rank top in the regulator's list of firms people raised concerns about, according to figures published in its annual report.
Zurich UK Life has poached Cofunds key account manager Rose St Louis to head its new retail distribution team.
Financial services firm consolidator Succession Advisory Services has signed two new advisers to its pool of members, adding £200m to its £10bn funds under management (FUM).
The Financial Services Compensation Scheme (FSCS) has declared one former network and nine other advice firms in default.
The number of advisory businesses entering the industry this year outnumbered those leaving by almost 40%, according to new research.
The number of financial advisers has risen slightly in the post-Retail Distribution Review (RDR) years, though has dipped since January, new figures have shown.