View more on these topics

BDS doubles size of appointed rep network

BDS Mortgages has doubled the size of its appointed representative network in the past month, with the promise of further additions over the course of the year.

The mortgage intermed- iary has seen its membership rise from 25 to 51, which the firm attributes to the influence of network manager Bob Hope who, since joining BDS in November, has been promoting the network to intermediaries.

BDS predicts that doub- ling its base will lead to an increase of 25 per cent in packaged business over the first quarter of 2006.

Managing director Phil Jay says: “The feedback that we are receiving indicates that appointed representatives are unhappy with the support provided by their existing networks and are looking for a more complete proposition. It is also crucial within a regulatory environment that ARs know that their network is both a trusted and established business and has an unequalled focus on compliance.

“I am delighted that Bob has had such an immediate and positive influence on the business and we look forward to welcoming even more ARs to our network over the coming months.”

Hope adds: “This increase in the network has been great for BDS and we have a fantastic group of brokers who are keen to move forward. The support offered by the compliance team is proving a central theme in this growth.”


Watson Wyatt offers A-Day help to trustees

Watson Wyatt has launched a new set of courses to help trus-tees cope with A-Day requirements. The courses are designed to supplement a free e-learning programme being developed by the Pensions Regulator which is due for roll-out this year. Watson Wyatt’s learning programme includes training courses tailored to trustees’ individual training requirements. The firm is […]

Pink looking to uncover bad practice in sub-prime market

A campaign to root out poor sales practices in the sub-prime market will start this month. The initiative from Pink Home Loans will run throughout the year and aims to highlight where brokers are failing customers across the non-conforming market although the network says it will not name and shame offenders. Pink, which has plans […]

Speculation centres on Amex wrap

Amex refuses to comment on speculation that its wrap could face closure if a buyer is found for the platform. The Amex wrap has a range of 4000 funds and around 50m of assets under administration.

BBB disposes of Private Insurance Portfolio Division

Berkeley Berry Birch has disposed of the client bank of its insurance subsidiarys Private Insurance Portfolio division for 275,000.Private Insurance Portfolio is a trading style of Berry Birch & Noble Insurance Brokers, providing specialist insurance products to wealthy individuals. It has been bought by the divisions management team.The sale of the non-core asset was anticipated […]


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