View more on these topics

Former Bestinvest director Hoban sets up new firm

Former Bestinvest pension director Paul Hoban is making a return to the financial services industry with the launch of new IFA firm London Wealth Management.

The firm has received FSA approval and Hoban is being joined by two former Bestinvest advisers, Ben Howland and Edward Tudor.

Hoban left Bestinvest in March 2007 while Howland, the son of deputy chairman Peter Howland, and Tudor departed towards the end of the year.

Hoban confirmed the launch to Money Marketing but says that full details will be released in the coming months.

London Wealth Management marks the second IFA company to be created by former Bestinvest staff in recent months.

Earlier this year, Bestinvest head of strategy and acquisitions Dominic Cummings announced the launch of his own IFA firm, called Intethic, which will initially focus on pensions and asset consolidation.

Cummings is working alongside former Bestinvest head of compliance Jonathan Purle while former head of communications Justin Modray was involved in the launch on a consultancy basis but is not directly involved in running the company.


Deep impact

Alexander Hall managing director Andy Pratt says the FSA and the Chancellor must share the blame for the Rock slide and that getting under the surface of a high-impact business and addressing the risks outweighs yet more paper pushing. He denounces Mervyn King’s obsession with inflation and calls for a more proactive approach to loosen up the liquidity crisis. Interview by Gregor Watt

Strategic withdrawal

Last week, I reminded you all – as if you needed reminding – of the adviser dilemma or opportunity that is the bonds versus collectives debate.


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