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Openwork strikes building society advice deal

Advice network Openwork has struck a deal with Dudley Building Society that will see the firm’s staff provide advice in-branch. Openwork staff will provide full financial planning from within the building society, with DBS serving as an introducer to the business. The deal replaces a previous partnership between DBS and Legal & General, and is […]

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Magnus Wheatley appointed MD in Charles Stanley shake-up

Charles Stanley Direct has shaken-up its management team, appointing Magnus Wheatley as managing director of the business. Mike Lilwall will stay as head of proposition for the Charles Stanley Direct business, as well as director of Charles Stanley Group. Wheatley was previously head of digital marketing and communications at Charles Stanley Group, and Joanne Vowles will take […]

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BoE forecasts Q2 growth boost

The Bank of England has forecast an acceleration in economic growth for the second quarter as the Monetary Policy Committee once again voted unanimously to hold base rate at 0.5 per cent. At its meeting in early June, the Bank’s MPC chose to maintain record low interest rates and keep in place current quantitative easing […]

Age Partnership retirement chief exits amid advice shift

Pension income and equity release broker Age Partnership has boosted its team of specialist retirement advisers as part of a shift away from non-advised solutions. As part of the changes, the firm’s head of retirement strategy James Dean has left the business. Over the last two months, the firm has taken on six newly qualified […]

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