Financial adviser numbers have risen by 1,400 (4%) since the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR), ending years of decline.
Pointon York SIPP Solutions Limited has reported a 30 per cent increase in advisers placing business with them following the introduction of RDR.
Standard Life saw Sipp customers increase by 15 per cent in the first-half of 2013.
Sipp provider Hornbuckle Mitchell has announced it is fully RDR-ready ahead of the 31 December deadline.
Increased regulatory pressures from the RDR could herald a major shake-up in the Sipp market over the next two years. Rob Kingsbury reports on how the sector is getting ready for change.
IFG Group, the owners of James Hay Partnership, an IFP sponsor, says it is investing in IT and service enhancements for the James Hay wrap platform as well as reducing charges for new and existing clients.
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