IFA

Only 13% of over 45s would consider seeking help from a financial adviser with their care funding, despite more than half stating they are confused by the subject, according to research.

National IFA Chase de Vere has teamed up with a newly launched building society to become the sole adviser to its clients.

Support services provider Simplybiz has seen a 10% increase in profits in the first year post-Retail Distribution Review (RDR) while 2% of its members have left the industry.

IFA and wealth manager Gemini Wealth Management has acquired the pension and investment business from a fellow advisory firm after it shut up shop due to the "increasing costs" put on small firms.

Provider Scottish Widows has confirmed it will be re-entering the IFA market with protection products next year.

IFAs are not at all confident in small and medium enterprises' (SMEs) ability to meet their auto-enrolment obligations, as just one in 100 advisers think businesses are well prepared for the move to work place pensions, according to a survey.

Weath manager European Wealth has bought IFA Compass Financial Benefits, raising £674,000 through the share placing.

Former Positive Solutions and Openwork consultant Martin Brown has launched an advisory firm authorised by the Caerus Capital Group network.

National IFA 2Plan is set to benefit from its rivals moving to restricted propositions as advisers are holding on to the IFA label and looking for a new home, chief executive Chris Smallwood has said.

The guidance guarantee will fuel demand for independent advice and will be a "huge opportunity" for advisers, pensions minister Steve Webb has said.