News

Towry underestimated the strength of the relationship between seven former Edward Jones advisers and the clients it accused them of poaching.

Wealth manager Towry has agreed to pay the legal costs of rival Raymond James and seven advisers after defeat in the High Court.

East Anglia-based Saffron Building Society has transferred its financial planning subsidiary, Saffron Independent Financial Advisers to Towergate Financial.

Wealth manager Raymond James today won what may prove to be a landmark court case against rival Towry, which had accused seven Raymond James advisers of unlawfully soliciting its clients.

Wealth manager Helm Godfrey has launched iRetire, a retirement advice service.

Adviser group Tenet has said remaining independent will be near-compulsory for its members.

The Protection Review and Income Protection Task Force (IPTF) have produced a list of the top ten things consumers should be aware of when purchasing income protection (IP).

Most financial advisers do not understand all of the charges levied by fund providers, Alan Miller, founder of SCM Private said.

Holloway Friendly Society paid 96.2% of its income protection claims in 2011, up from the previous twelve months 95.5%.