St James's Place (SJP) and Standard Life are two of the few companies to benefit from the Retail Distribution Review (RDR), according to analysts at Investec.
Cheshire-based financial planning firm Clarion has split its business in two creating a wealth management and an investment management arm.
Almost 40% of UK adults would "never consider" using a professional financial adviser, a study commissioned by the Financial Services Authority (FSA) suggests.
The ex-chief executive of Saunderson House, Nick Fletcher, has launched a new IFA firm, London Wall Partners.