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Dale Knight leaves BBB

Berkeley Berry Birch head of mortgages Dale Knight has left the firm as it announces plans to cease the Professional Mortgage Network and absorb it into Berkeley Independent Advisers.

From May 2006 PMN will be absorbed into BIA with those firms in the process of transferring from PMN to the group brand being offered the same terms.
Letters have been sent out today to affected members and prospective members.

Knight says: My decision to leave has nothing to do with the companys current financial situation as I am extremely confident that it will resolve its issues within the agreed time frames of the FSA.


Promotion battle

Compliance expert Adam Samuel believes the FSA is shifting its focus to check up on general insurance and mortgage advertising and he urges firms to ensure they stick to the letter of the law and to set up systems to cope with the regulations.

Glasgow launches Mackintosh high income fund

Glasgow Investment Managers is launching the Mackintosh high income fund managed by Susan Anderson and aiming for a net yield of 5.5 per cent a year. The fund will have a portfolio of between 35-40 UK equity holdings, with a structure similar to the Glasgow Income Trust, which invests additional finance raised through a derivative […]

Intelliflo and Focus establish partnership

Intelliflo and Focus Business Solutions have established a partnership to create a new technology solution for adviser firms.The new solution combines Focus front end product, Multi-Channel Advice, with Intelliflos back office service Intelligent Office.The firms describe the move as a best of breeds approach offering distributors a complete end-to-end solution on a single platform.The joint […]

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