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Consortium bids to be first brand

IFA Consortium launched this week, with co-founder Allan Rosengren claiming the collective will become the first major consumer IFA brand.

The firm is looking to provide national coverage, an international arm to service big corporate clients and an employee benefit team. He admits the group lacks presence in the North and South-east but says it is exploring partnership options.

IFA Consortium comprises Falcon Group, pi Financial, Financial Synergies and Financial Services Advice & Support, has 550 advisers and a turnover of 40m. The business is 40 per cent investments, 20 per cent pensions, 20 per cent protection, 15 per cent mortgages and 5 per cent other business.

Rosengren says: “A single consumer-facing brand is lacking in our industry. Consumers need to know they could find equivalence of outcome regardless of location.”


A new waiver is on the way

Friends Provident head of protection marketing Ian Jefferies says this year has seen few product developments but that will change in 2006, partic- ularly for pension term assurance and critical cover

Savings plan could halve GPP business

A National Pension Savings Scheme could kill off more than half the business flows of leading providers, including Scottish Equitable, Friends Provident and Norwich Union. Experts warn that employers will need to offer a scheme of equivalent value to the proposed NPSS in order to be able to opt out, which could choke group personal […]

Britannic Asset Management to change its name

Britannic Asset Management is to change its name to Resolution Asset Management in 2006.The company has considered a number of alternative names and carried out market research among its key client groups over recent months. The research showed Resolution is regarded as a strong name evoking many of the attributes advisers and their clients want […]

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]


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