View more on these topics

First recruits for Towry Law

Towry Law has welcomed the first intake of professionals into its wealth adviser development programme.

The participants have begun studying for the CII’s certificate in financial planning, which is to be achieved over the next three months through Towry Law’s masters programme.

Towry Law says the scheme aims to diversify the recruitment of wealth advisers away from the existing IFA pool and draw on the potential among those who have are looking to forge a new professional ser vices career path.

Towry Law’s chief executive Andrew Fisher says: “We are delighted to welcome the inaugural return-to-work employees on to our wealth adviser development programme; individuals who, for one reason or another, had chosen to take a career break but who bring with them a wealth of talent and experience. The new recruits have over 50 years’ experience between them in careers ranging from journalism, law and finance.

“The recruitment of wealth advisers has traditionally been very narrowly cast and from a talent pool that is, frankly, pre-tty limited. Return-to-work is an industry leading initiative and offers individuals the chance to build a professional career path within Towry Law for the benefit to us, our clients and the industry as a whole. We were delighted by the calibre of applicants and look forward to guiding the new recruits through their professional training via the Towry Law’s masters programme.”


Big firms lose focus on returns

Having a culture driven around your investment is the key to having a strong boutique offering, according to Thames River Capital investment director Michael Warren.He said that many larger investment houses tended to lose sight of this. He had worked at companies where the admin department was bigger than the investment department. This meant that […]

Heavy duty

Rising house prices have increased the burden placed on first-time buyers by stamp duty. Will Henley examines the implications of the Tory pledge to revamp the duty and says the market has been disappointed by Labour’s refusal to respond

US banks to form $75bn fund to invest in US sub-prime mortgage debt

Reports have emerged that some of America’s largest banks are set to announce plans later to form a $75bn (£37bn) joint fund to invest in US sub-prime mortgage debt.The BBC says that the banks, including Citigroup and JP Morgan, are seeking to boost confidence in the sector and prevent a further dip in the price […]

Changes to early exit pension charges

In November last year, the FCA announced that from 31 March 2017, early exit pension charges will be capped at 1% for those customers who are eligible to access their retirement savings from age of 55. The rules also state that for new personal pension plans started after that date, or on new increments into […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment