[Weekly Wrap] The changing face of adviserland

Today we report on ING ending its exclusive arrangement with David Greenslade's Strategi group. In some ways this wasn't unexpected as ING seems to be looking at a lot of the things it has done recently and made changes.

Another angle to it is that with the advent of regulation there is likely to be an increase in the number of firms which provide services to advisers.

We have, in depositrates.co.nz, another story about one of these firms, Grosvenor. In this piece we talk to Grosvenor about the future of its BondWatch service now the Reserve Bank has anointed the big three international ratings agencies as the only ones who can rate finance companies.

Another key adviser story is the changes at Spicers. It's downsized its adviser force by about a fifth and also ditched its finder/minder model.