The majority of advisers are looking to increase their use of model portfolios and risk-rated funds as a result of the Retail Distribution Review (RDR), according to research from Skandia Investment Group*. Read more ...

Tagged under #RDR #Skandia #model portfolios

AXA has announced today an agreement to sell Bluefin's employee benefits consulting business, Bluefin Corporate Consulting ("BCC"), to Capita plc for a cash consideration of £50 million on a "cash-free, debt-free basis." Read more ...

Tagged under #AXA #Bluefin Corporate Consulting

Perspective Financial Group, the national financial advisory group, has today announced its second acquisition of 2012 with the purchase of advisory practice, Financial Connection. Read more ...

Tagged under #Perspective #Jackie LeeLis

The Financial Services Consumer Panel has called for the FSA to address speedily the detriment and potential harm being faced by 'mortgage prisoners' - people trapped in an existing mortgage, perhaps due to a high loan-to-value, negative equity, inability to exit a fixed term deal or by the severe contraction in the interest-only market. Read more ...

Tagged under #FSA #Financial Services Consumet Panel #mortgage prisoners

Sipp and Ssas provider Hornbuckle Mitchell, an IFP sponsor, says it would welcome the HMRC introducing a "cap and collar" on Government Actuary rates to provide better retirement projections. Read more ...

Tagged under #Hornbuckle Mitchell #Government Actuary

BROADSTONE Pension & Investments, formerly BDO Investment Management, claims that regulator has "clear incentive" to drag schemes into the Pension Protection Fund. Read more ...

Tagged under #Broadstone #PPF

Prestwood Software has linked with Parmenion and Skandia to provide increased efficiency for customers.

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Tagged under #Prestwood #Skandia #Parmenion

The Money Advice Service has published its business plan for 2012/13 which reveals it plans to spend £34.5m on providing debt advice.

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The Institute of Financial Planning has announced four new members of the Accredited Financial Planning Firms register.

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Tagged under #IFP #nick cann #Accredited Financial Planning Firms

The financial services sector saw an unexpected growth in employment last quarter, according to the latest figures from an industry survey.

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Tagged under #CBI #PwC #employment #optimism #Ian McCafferty