Personal Touch Financial Services

The number of complaints upheld against networks and nationals by the Financial Ombudsman Service (FOS) have dropped in the last half year, figures show.

Personal Touch Financial Services has named the platforms, providers and panels that it has selected for use in its consumer-led wealth management strategy.

Personal Touch Financial Services has said it plans to subsidise member firms' regulatory fees for 2014.

Personal Touch Financial Services has today contacted 16 member firms giving advance notice of its intention to terminate their appointed representative contracts later in the year.

Personal Touch, the privately owned restricted network, has shed a fifth of its appointed representatives after a fee model shake-up and has reported a 66% fall in pre-tax profits.

The Financial Ombudsman Service (FOS) threw out two-thirds of gripes against the most complained-about advisory groups in the first half of 2013, figures show.

Restricted network Personal Touch Financial Services (PTFS) has rooted out about 200 investment and pension "dabblers" after evaluating their value and risk to the business.

Personal Touch Financial Services has announced 22 job losses and restructured its board of directors to achieve a 25% cost saving in an attempt to "realign the business" and cut £1.5m in costs.

Adviser network Personal Touch Financial Services (PTFS) has hired a new marketing director following the resignation of sales and marketing director Dev Malle.

A closer look at Personal Touch’s new attitude-to-risk tool.