Advice group Origen Financial Services faces a costly Financial Conduct Authority (FCA) investigation into its pension transfer advice.
National IFA LEBC has opened an office in Kent staffed by three advisers who moved to the firm from rival Origen Financial Services.
Poor advice claims that have cost restricted national adviser Origen at least £3m in reviews and redress - and pushed it further into the red this year - are the fault of advisers who have exited the firm, not the current team, business development director...
Changes to death benefits: What does it mean for clients?
Aegon-owned national adviser Origen doubled its pre-tax losses to £5.6m in 2013 after settling historic claims and investing in its workplace solutions arm, the firm's accounts have shown.
Matthew Moore has left his role as finance director of Aegon-owned advice network Origen Financial Services following a management reshuffle.
Industry stalwart Gareth Marr - one time chief executive of national IFA firm Origen - is leaving advice after a 30 year career due to ill health.
Customers of Clydesdale & Yorkshire Banks will now be referred to Origen Financial Services for financial advice after a tie up between the businesses.