adviser firms

Support services provider Simplybiz has said it has taken on more than 50 former Sesame advisers this year, as the firm announced its best annual start since 2008.

Advice firms have raised fears over "systemic mis-selling" through simplified advice and said ongoing regulatory uncertainty has stifled market developments, according to the Financial Conduct Authority (FCA)

The Financial Conduct Authority (FCA) has confirmed advisers' regulatory fees for the next year will be £68m - a near-19% reduction on last year, in its latest policy statement.

A retired IFA currently battling an Ombudsman payment protection insurance claim dating from the 1980s says the lack of a complaints long-stop for advisers is "crazily unfair" and is pushing his MP to intervene.

There is overwhelming support amongst protection advisers for the introduction e-signatures to speed up underwriting of products such as life cover, critical illness and income protection.

Business volumes in financial services were up in the three months to June fueling optimism in the industry, despite an unexpected fall in profitability, according to a survey by the Confederation of British Industry (CBI) and PwC.

Panacea Adviser is to hold a webcast to support and educate advisers on using social media.

Chase Templeton has signalled its intention to maintain an aggressive acquisition momentum by strengthening its Board.

The industry's petition calling on the government to remove the ombudsman's right to consider claims without any long-stop restriction, has passed 5,000 signatures but needs double that to be considered by officials.

The Personal Finance Society (PFS) and Tax Incentivised Savings Association (TISA) are consulting on a protocol designed to provide clarity surrounding the treatment of client relationships between a firm and individual advisers.