IFA

An adviser has had his application to become an approved person rejected because of his failure to disclose past convictions and a prosecution for mortgage fraud.

Almost two-thirds of UK-based advisers say it will not be profitable to advise clients with less than £50,000 after the Retail Distribution Review (RDR), according to research.

The total number of consumers employing independent advisers has passed the number seeking advice from their bank, according to comparison website VouchedFor.

Retirement Planner's round-up of the top pension stories this week.

The High Court has dismissed an appeal by Thinc Group - now Bluefin - against a ruling which said it could not claim back goodwill payments worth more than £243,000 from two self-employed advisers whose contracts with the business were terminated.

AFH Financial Group has made its tenth acquisition since floating onto the stock market last year, with the purchase of Chartwell Associates.

CONDENSED

Walker Crips Investment Management has launched a discretionary portfolio service aimed at advisers in a move to expand its business.

Close Brothers has reported a 2% rise in full-year pre-tax profits and expects its asset management division to return to profitability next year as it completes a restructuring.

Fiona Murphy asks advisers to forecast auto-enrolment's chance of success in this month's Inquiry