Openwork CEO Mary-Anne McIntyre is leaving the restricted network to join Old Mutual Wealth as chief distribution officer.
IFA network 2plan is in renewed takeover talks with "large" adviser businesses following two failed acquisitions last year.
The proportion of complaints against advisory groups found in favour of the consumer is significantly below the average for the sector, the Financial Ombudsman Service's (FOS's) latest data shows.
Kevin Carr's verdicts on five key developments in the past month
Network Openwork has acquired 930 self-employed MetLife protection advisers as part of a deal to distribute the life company's protection products.
Network Sesame has again come out top as the most complained about advice firm, although numbers of cases against it were down, according to the Financial Ombudsman Service's (FOS) half yearly figures published today.
Restricted network Openwork has appointed a new outsourced service provider for its corporate clients' auto-enrolment requirements.
The number of complaints upheld against networks and nationals by the Financial Ombudsman Service (FOS) have dropped in the last half year, figures show.
Will Old Mutual Wealth have any use for the independent advisers it has acquired as part of its deal to buy Intrinsic?
The investment arm of restricted network Openwork has launched seven new funds which the business hopes will attract £150m worth of inflows in the first year.