Charcol Holden Meehan director Amanda Davidson says the sooner Bradford & Bingley finds a buyer for the IFA the better.
Davidson says she is surprised B&B has decided to sell its subsidiaries given that it only acquired Holden Meehan 12 months ago. But she admits the company was never part of B&B's core activities and understands why the IFA is no longer part of its plans.
She says: “It will be wait and see with regard to whether we will be sold with the other IFAs but clients will continue to need to be seen and we will concentrate on that. I am surprised but we were never part of B&B's core activities and we don't fit in with its plans. The sooner we have certainty the better.”