LLOYDS Banking Group plans to axe around 1000 financial adviser roles in the withdrawal of the bank's mass market investment advice service.
From November, customers with Lloyds TSB, Halifax and Bank of Scotland will only be offered face-to-face advice if they have at least £100,000 to invest.
The move comes before shake-up of the sector by the Financial Services Authority, which could see customers forced to pay up to £500 up front for a financial review.
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