Assets under management in traditional 'safe havens' such as bonds and money markets are likely to fall as the economy recovers, according to the Ernst & Young ITEM Club.
The chief executive of international financial advice firm deVere Group believes that the Government must work closer with the financial advice industry to revive the UK's savings culture.
The Institute of Financial Planning is offering two-day fast-track gap-fill events for Financial Planners for activities not covered by CFPCM and Fellowship certification.
Just 3.4 per cent of advisers say they will be leaving the industry by the end of the year, according to Aviva, a new sponsor of the Institute of Financial Planning.
A 'defective culture' in financial services organisations is to blame for misselling and should be amended in the Financial Services Bill, according to Financial Services Consumer Panel.
KPMG, special administrators of MF Global UK, won approval in the High Court yesterday for the first distribution plan to return £54m in client assets.
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