Regulatory pressures are forcing more independent financial advisers (IFAs) to abandon investment advice in favour of engaging a discretionary fund manager (DFM), according to a major report by highnetworth-online.com.
Dunstan Thomas, an administration and software provider, has launched a new FSA-compliant system to help financial advisers fully migrate legacy assets.
Scottish Life has revamped its defined contribution (DC) offering, which it believes is better suited to unstable economic conditions and treating customer fairly compliance.