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A&C wants its views heard

Aitchison & Colegrave director Brian Aitchison admits he was surprised by B&B&#39s announcement that it intends to sell off its subsidiary IFAs.

He says he hopes B&B will find a buyer which will mesh with A&C&#39s plans for growth and not just sell to the first company that shows up with an offer. Aitchison says he can understand B&B&#39s course of action.

He says: “I want to be absolutely clear that we had and still have ambitious growth plans and we are certain that we will be an attractive acquisition. With senior management at Aitchison & Colegrave still at the helm, it would be foolish for B&B not to take our views into account when looking for prospective buyers.”


Discount brokers are target in new Money Portal spree

Discount brokers Bestinvest and Garrison Investment Analysis are expected to be acquisition targets for retail fund distributor The Money Portal once its latest round of funding comes through. The brokers, both major players, are understood to be among nine firms that TMP plans to approach as soon as it secures its next – and biggest […]

Correspondent&#39s week

I awake on Monday at 6am with aching limbs suffering from a hard-fought football match on Saturday. The early hour is because I need to finish an advertorial on equity release for The Mirror. I should have completed it on Friday but I got more involved in trying to find out gossip about Piers Morgan&#39s […]

A new look at old news

At Taxbriefs, we were astonished to be taken to task in the Diary (Money Marketing, May 13) for giving delegates to the excellent Money Marketing Live exhibition sample previous editions of our newsletters – in particular, the January edition. Your Diary&#39s bizarre complaint was that we should have rewritten our January 2004 newsletter – with […]

Brokers expect business as usual at Mortgage Express

Mortgage brokers say they do not expect that B&B&#39s move will have much impact on the level of business at subsidiary Mortgage Express. Hamptons broker Jonathan Cornell says Mortgage Express is obviously still a core part of B&B and he expects it to be “business as usual”. Cornell describes the lender as “excellent, with fantastic […]

Pensions Dashboards around the World

Steve Webb’s latest policy paper British savers risk being left in the ‘slow lane’ unless the UK Government takes a more active role in ensuring the successful delivery of a Pensions Dashboard. The report, ‘Pensions Dashboards around the World’, coincided with a major conference that was held on Monday 16 May and brought together experts […]


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