RDR

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.

PLATFORMS

Lighthouse group has reported losses of £4.6m in 2012, up from a loss of £2.7m in 2011.

Advisers and providers reiterated the "catastrophe" that would befall the advice sector if the incoming Financial Conduct Authority (FCA) read across a ban on commission in the retail investment market to protection.

Peter Craddock, the group operations director at Perspective Financial Group, has been appointed to the board of the Association of Professional Financial Advisers (APFA).

Jersey's Financial Services Commission (JFSC) has ruled that all advisers working for Jersey businesses registered to give retail investment advice must achieve QCF Level 4 qualifications by the end of this year.

RDR HICCUPS

QUICK REPORT

Most investment company directors think the Retail Distribution Review (RDR) will be positive for the sector, a poll suggests.

Today the Association of Professional Financial Advisers (APFA) released its research, spanning five years, into the shape of the adviser marketplace. Here IFAonline breaks down its findings into the key numbers.