The Institute of Financial Planning's chief executive kick started the Accredited Financial Planning Firms Conference this morning, saying the IFP hopes to build up numbers to get 100 Accredited Firms.
IFP corporate member Legal and General has announced its net cash has more than tripled since the 2008 financial crisis, going from £320m to just over £1bn.
Investment Management Association figures for January 2014 reveal that equities were the best selling asset class for the 10th month in a row with Target Absolute Return the top sector.
The FCA says that the major retail banks have either replaced or made substantial changes to financial incentive schemes which played such a major role in the mis-selling scandals of recent years but one in 10 firms still retains "higher risk" incentive schemes.
Paul Niven is to take over the reins as the manager of the £2.6bn F&C Investment Trust (FCIT) from 1 July, replacing veteran Jeremy Tigue who has decided to step down after 17 years as FCIT fund manager and 33 years with F&C.
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