Quilter Financial Planning, the restricted financial advice network of Quilter plc, has added four new appointed representative firms to its advice network.

The FCA has warned firms with overseas appointed representatives (OARs) that they need to carry out greater supervision.

Adviser network ValidPath has launched a £100,000 loan facility to help established adviser firms wanting to leave their current network who feel shackled by so-called 'golden handcuff' deals.

The FCA has warned firms to ensure that they comply with new rules that strengthen the responsibilities and expectations of principals in relation to their appointed representatives (ARs).