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BBB and Inter call off merger talks

Berkeley Berry Birch and Inter-Alliance have announced they have broken off merger talks.

A stock exchange announcement issued today confirmed talks have been abandoned.

Had it been successful the merger, which was originally announced in January, would have created the fourth largest IFA.

Following the announcement Inter-Alliance&#39s share price increased slightly to 1.32p from 1.25p and BBB&#39s remained unchanged at 18p.


Free FSA from political pressure to achieve more effective regulation

Several years ago, on a visit to my tailor, he measured me carefully and discussed the sort of style that would be appropriate for my envisaged usage. After a few weeks, the suit was finished and I was delighted with it. However, I wonder today if I was missold? The lapels were four inches wide, […]

Abbey For Intermediaries – Abbey growth Options Plan Issue 1

Type: Guaranteed equity bond Aim; Growth linked to the performance of the FTSE 100 index Minimum-maximum investment: £7,000-£1m,Isa £7,000 Term: Six years Return: Option 1 &#45 Up to 60% growth at end of term. Option 2 &#45 The higher of 25% of original investment or 50% growth in index Guarantee: Option 1 &#45 Original capital […]

House prices rise by 2.1%

House prices rose by 2.1 per cent in April, taking the average price of a home to £145,918, according to the Nationwide monthly house price index. The annual increase now stands at 18.9 per cent and prices are rising at more than £100 a day. However, group economist Alex Bannister warned that the pace of […]

&#39Wraps will eliminate providers from chain&#39

Wraps could see product providers eliminated from the IFA distribution chain altogether, according to financial services software company Aquera. Managing director Ed Holt believes the introduction of fully functioning wrap platforms will see providers made redundant. He thinks big brands entering the market and bancassurers in the future will choose to access IFAs, other distributors […]

Managing customers in drawdown

By Lorna Blyth, Investment Marketing Manager Delivering a decent drawdown review process takes time and resources. This article looks at how you can manage drawdown clients in a more cost-effective way. Most advisers are seeing an increase in drawdown clients following pension freedoms. Often these are clients with lower fund sizes, which means advisers are […]


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