DFM

National advice firm Lighthouse Group has entered an 'affinity' contract with the Association Of Teachers and Lecturers (ATL), gaining it access to 170,000 prospective new clients.

Should advisers leave fund picking to DFMs?

When advisers got it right

Chartered financial planning firm and consolidator Attivo has acquired the client banks of a further four IFA businesses, taking the total to five in 2015 and putting the business on target for 12 by year end.

Advisory firm Saunderson House is planning to launch a discretionary service later this year in a bid to broaden its investment offering.

Five questions to ask hopeful DFM partners

Wealth management firms are facing more serious consequences from a failure to meet suitability requirements as the regulator puts practices under fresh scrutiny.

Three quarters of advisers are using the wrong measures to compare fund costs, giving clients an inaccurate picture of the charges eating into their returns, according to research by Defaqto.

Former chief executive of Bestinvest John Spiers has raided his old firm for five senior wealth management staff to build a new discretionary investment proposition aimed at high net worth clients.

Hargreaves Lansdown is planning a push into the asset management arena which could see it hire external fund teams and market its services to advisory businesses in future.