IFA

Bromsgrove-based independent financial advice firm AFH has acquired Somerset-based IFA Shape Financial in what marks the fourteenth acquisition by the firm since its flotation.

Independent financial advisers were described as "parasites" by a consultant at the Pensions and Benefits Show.

There is a huge and widening gulf between firms making outstanding profits and those losing money, according to research released today.

A former Co-op Bank executive has received £350,000 from Enterprise Ventures' North West Fund for Venture Capital to market his new software product for IFAs.

Advisers have seen the number of complaints against them soar over the past year, however figures show that more than half of the cases were dropped by the ombudsman.

A former IFA has lost his challenge to overturn the Financial Ombudsman's ruling that he had given a client unsuitable pension advice, which ordered him to pay almost £50,000 in compensation.

The assets of more and more people are finding their way into the pockets of Her Majesty, Prince Charles, or the Treasury because they are failing to make a will.

CWC Research, in association with FundsNetwork, has launched a guide on how adviser business models can profitably evolve in the post-Retail Distribution Review (RDR)environment.

JOBS

The administrator of the sales arm of the troubled Harlequin Property group has racked up fees of more than £28,000 in its first ten days in the role.