View more on these topics

Bankhall building up strength

Bankhall has made six senior appointments to reinforce “its long-term commitment and support to the IFA sector”.

The move has fuelled speculation that the support firm wants to stay independent and could be preparing an management buyout. Parent Lynx said it was in talks with a potential buyer recently. The Bankhall board has around a 20 per cent stake in Lynx, valued at £178m. Its £63.2m turnover is 28 per cent of Lynx&#39s £224.2m turnover.

New head of sales development is Scottish Amicable sales director Peter Mann, Axa Sun Life key account director Paul Harrop becomes head of sales development and ScotAm regional account manager Guy Peters and former Tenet Group development manager Derek Reynolds become business development managers.

Mike Buckley from Royal Sun Alliance and Anthony Bass from Tenet join Point One mortgage support company in business and sales development.

Cap Gemini Ernst & Young head of insurance Shaun Crawford: “An MBO could well be a possibility. The guys who run Bankhall really believe in it and would not want it going into the wrong hands.”


Outside edge

Perhaps it&#39s just the time of yearOr then again it&#39s too much beerBut a piece for Money Marketing is dueI can&#39t face it – what to do. All this talk of regulationWhen it&#39s time for celebrationSandler, Myners and all the restAre going to put us to the test. But for now let us reflectOn how […]

London & Colonial opens up

London & Colonial has introduced open annuity, which allowsannuitants to pass on their pension pot to their heirs when they die. Conventional annuities pool the resources of annuitants and use the funds of those who die early to subsidise those who live longer than expected, but open annuity does not operate this mortality cross-subsidy. Instead, […]

Network offers advisers non-regulated term deal

DBS is setting up a non-regulated network service so intermediaries can sell term insurance products without incurring additional compliance costs. DBS is hoping to start the service early next year, when members will be able to transact businesses in non-regulated products thr-ough a simplified sales pro-cess with a slimmer fact-find. The move is seen as […]

Three top managers join for ISA roadshows

Credit Suisse Asset Management, ABN Amro and SG Asset Management are teaming up for a series of joint Isa season roadshows in January and February.The three groups will visit 16 venues around the country, starting in Nottingham on January 22 and ending in Tunbridge Wells on February 28. Speakers will include CSAM star income manager […]

Tax-free gains? That can’t be right, can it?

When he was Chancellor of the Exchequer, George Osborne made several changes to the way in which income is taxed. Personal allowances were increased significantly above the rate of inflation; a starting rate band was introduced for savings income and, with effect from 6 April 2015, this was assessed at 0 per cent. In addition, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm