Towry has today lost its High Court battle against Raymond James and seven Raymond James’ advisers.

More than half of US financial advisers perceive themselves as Financial Planners but only 30 per cent actually carry out a Financial Planning service for their clients.

The Institute of Financial Planning’s University Team Challenge is now open for entries for the 2012 competition.

Inflation fell to 3.6 per cent in January, down from 4.2 per cent in December, according to the Office for National Statistics.

Aberdeen Asset Management has launched its latest series of Adviser Intelligence sessions in association with the Institute of Financial Planning.

The Confederation of British Industry has cut its growth forecast for 2012 from 1.2 per cent to 0.9 per cent.

Over 4,000 claim forms have been sent out by the Financial Services Compensation Scheme to private customers of MF Global UK.

Institute of Financial Planning sponsor firm Seven Investment Management (7IM) has integrated access to its platform with technology specialist Voyant.

The Professional Adviser awards took place at the London Hilton on 9 February, recognising the ‘brightest stars’ of the financial services industry.

Economic think-tank the National Institute of Economic and Social Research has forecast the next GDP figure to show output has contracted by 0.2 per cent.