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Bankhall says it’s business as usual, despite Old Mutual talks with parent

Old Mutuals early stage discussions with Skandia looking at a total buyout of the firm will have no immediate effect on Bankhall, Skandias UK-based IFA support business.

Commenting on the news, Bankhall says its exec has been kept in the loop on the deal, and things are very much business as usual.

Bankhall marketing manager Richard Howells says: The effect on the Bankhall business is nil. We will be taking a keen interest, but there will be no operational changes at this stage, its too early in the process.

As far as we know there is only Old Mutual in discussions at the moment, there are no other contenders in the frame.

As these discussions are not confirmed as yet, there is not a significant amount of time being invested in this, but if the deal goes ahead, we will start to look at opportunities from both sides.


Capita launches into loss adjusting market

Capita Group is launching a new business focussing on the high-end corporate and complex loss adjusting market.The new division, named Teceris, will be within Capita’s Insurance Services arm and will target major corporations, affinity groups, Government and the commercial insurance market at a national and global level.Capita director Stewart Steel will head Teceris.

100 per cent pass new CII mortgage paper

The CII has announced all 219 candidates sitting the first lifetime mortgage activities paper have passed.79 per cent of those taking the mortgage advice paper also passed bringing the total number of holders to 709 since its introduction in January.CII qualifications and compliance manager Paul turner says: “This is good news for those seeking mortgage […]

Service is a two-way street, L&G tells IFAs

Service is a two-way street and advisers need to focus on improving their communications with providers, says Legal & General group product and corporate director John Pollock.


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