Defaqto research points to DFM growth
45% of IFAs were outsourcing their investment propositions in 2013, with more than half doing so via discretionaries, a pointer that the DFM sector is on a growth path, according to Defaqto.
IFA
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Bellpenny clinches deal on MDM Associates
The IFA consolidator has racked up its biggest deal to date.
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First IFA banned for fake RDR qualifications
The inaugural RDR fiend has been found and banned after faking his professional qualifications.
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AIC offers service on pooled investment rules
Advisers can take advantage of a service provided by the AIC on new pooled investment rules.
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Name change for Wellian firm
The year kicks off with a name change for Tunbridge Wells financial advising company, Wells Capital Investment Solutions.
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JPM more restricted firms expected a year into RDR
JP Morgan Asset Managements Keith Evins believes larger advice firms will increasingly move towards restricted propositions as a result of the RDR.
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analysis rdr pressure on adviser fees
RDR has generated a number of unintended consequences and its potential impact on the types of fund investors want to buy has been a significant challenge for some fund managers.
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Bellpenny picks up MGW in 13th deal
Bellpenny has purchased Glasgow-based wealth manager MGW for an undisclosed sum as it continues along its acquisition trail.
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Towry eyes expansion with new Cardiff IFA recruit
Martin Briggs is to join Towry as part of the wealth manager’s expansion into South Wales.
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Clients take RDR on the chin
Clients are less concerned about the RDR than advisers as more than double the proportion of advisers remain negative towards the legislation than clients.
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adviser confidence in global economy falls
Financial advisers’ confidence in the global economy has fallen in the second quarter of 2013 for the first time in twelve months, according to Skandia International’s latest survey.
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IFAs point the finger at banks
22% of IFAs expect an increase in the number and size of fines inflicted on firms, while more than half will avoid more providers because of poor information management systems, according to research by EDM Group.
