Firms unable to show they can provide an ongoing service to the clients of an exiting adviser should be forced to let the adviser leave with them, 2plan Wealth Management CEO Chris Smallwood says.
UK consumer confidence took a dramatic hit in March, according to Nationwide.
Advisers on the Transact platform have been given access to Saltus discretionary fund management services.
The Cautious Managed sector continues to dominate inflows on Cofunds, accounting for nearly a third of net sales in Q1, with property also prominent.
IFAs expecting a decade heavy with new protection offerings could be disappointed, as providers plan to focus on adviser education not "churning" products.
The FTSE has made modest gains in early trading, boosted by the buoyant performance of US stocks yesterday and strong economic data from China.
Clegg finally arrives, Cameron gets heated, Brown mentions a terrorist atrocity...
Britain's three main political parties all have a £30bn hole in their manifestos that will have to be plugged with huge tax rises or spending cuts after the election, according to Financial Times calculations based on their policy pledges.
Federal Reserve chairman Ben Bernanke has once again allayed fears of a double-dip recession saying the US is staging a "moderate economic recovery".
An IFA is calling for the financial advice community to unite in condemnation against the FSA's immunity from civil action.