Consultants Arthur Andersen have launched a new retail financial services arm to help life offices, banks and lenders refine their business strategy.
Senior manager Tim Clayton-Ball says that a significant part of the new unit's work will focus on the IFA distribution channel particularly on the insurance side.
The new arm will help companies co-ordinate their existing systems and processes and advise employees on how to meet strategic objectives.
Arthur Andersen director Chris Mills will head up an eight strong team.
Arthur Andersen head of UK financial services Nick Sandall says: "We believe that with our combined experiences of the retail financial sector we can add value to clients who want to implement new strategies, branch out into new areas of business and /or refocus their business mix."