Some advisers did not meet regulatory independence requirements
Regulator has concerns about competition in sector
Advice and investment management firm Tavistock Investments has created a new network of financial advisers following its takeover of Financial Ltd - but has lost 54 advisers in the process.
Rathbones bought out Vision Group
Sesame Bankhall Group (SBG) has reconfigured its management team following a strategic review that led to the demise of its investment advice network earlier in the year.
Adviser network Personal Touch Financial Services has written to members informing them of a planned fee increase after suffering what it called "indiscriminate" increases to its regulatory costs.
Sesame Bankhall Group (SBG) has lost almost 60% of its network's member firms in the wake of a decision to kill-off its problem-laden investment advice business.
Wealth manager Sanlam UK has bought a 20% stake in the Caerus network alongside the firm's entire asset management business.