A third of IFA firms could be left without PI cover, should the new Financial Services Bill fail to include a long-stop, according to figures from the Association of Independent Financial Advisers (AIFA).
Zurich plans to make 90 redundancies from its UK life business as part of cost cutting measures in light of the challenging economic environment.
John Clougherty is joining Fidelity Worldwide Investments as head of the wholesale business, IFAonline's sister title Investment Week understands.
Sesame Bankhall Group (SBG) has announced the product providers for its restricted advice offering, due to be launched in Q3.
Jaki Platt, the head of retail platform distribution at Zurich Financial Services, has left the company for personal reasons.
Gary Shaughnessy, head of Fidelity's retail business, is leaving the firm to become chief executive of Zurich's UK life business.
Almost 90% of advisers support calls to introduce a long-stop for the financial advice profession, research suggests.