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Pershing, which provides a range of support and financial services to planners and advisers, has urged advisers and wealth managers to reassess their pricing to ensure future profitability.
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Jewellery trade insurance specialist T. H. March, which is based in London, has launched a Financial Planning venture.
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A Sipp scheme was used by two Surrey-based investments advisers who have have been fined a total of £885,000 and been banned by the FCA from holding any position at a financial firm.
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Financial services firm True Potential has announced significant year-on-year increases in turnover and profits and a larger wealth management team.
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Financial support from grandparents to younger generations is worth £500m a year and is set to grow in future, according to new research.
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A new offshore investment service marketed by AXA Wealth International, named DelegationTM, will give investors access to a much broader range of asset types, including: collective investment schemes, equities, government and corporate debt and derivatives.
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Fidelity is to acquire independent annuities adviser Annuity Direct with the aim of combining both companies resources to help clients' retirement incomes.
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Fund research group Rayner Spencer Mills has launched three new products to give advisers more help in selecting investments.
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Consumer complaints reported by financial services firms fell by 500,000 between the second half of 2012 and the first half of 2013, according to the FCA.
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According to new research 65 per cent of advisers said that the main reason for recommending outsourced investment services was to gain access to specialist portfolio management skills.
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