View more on these topics

iimia acquires south west advisory firm

iimia Investment Group plc has acquired south-west advisory firm John Miln and Company.

John Miln & Company has in excess of £200 million funds under advice and employs 22 staff. The Company was founded by John Miln in 1983. Miln will be fully involved in the integration of the two businesses before retiring in due course. All other executive directors and staff will remain with the Company and become part of iimia Wealth Management.

iimia’s Investment Services division managing director Bruce McIntosh says: “John Miln & Company is an excellent company with a strong reputation and will strengthen iimia’s presence in the South West. The existing range of iimia products and services combined with the established client base of John Miln & Company will enable us to develop the business further.

“This acquisition is a natural fit within iimia Wealth Management and increases the iimia group’s funds under management and advice to over £850 million. We are keen to acquire other good quality, complementary businesses to continue the growth of iimia’s business model.”


Stay the course

Funds that perform constantly over the long term are key to successful fund selection

Just Retirement tops Sesame provider service index

Just Retirement and The Hartford edged out more established product providers to make the top three of Sesame’s first provider service index.The survey found Just Retirement was ranked top for service by its members, followed by Skandia and The Hartford. Friends Provident and Standard Life were ranked fourth and fifth.Axa was ranked the worst with […]

Foil mystery shoppers

I refer to the letter from Julian Stevens (July 26) regarding the activities of mystery shoppers and ask why practitioners are getting so agitated about it. My understanding is that an authorised individual cannot provide financial advice without knowing the client’s circumstances. If my understanding is wrong, I await to be corrected so I cannot […]

Teachers Group

The £39m Sovereign ethical fund has underperformed by 11 per cent. Sales director Wendy Michie says the fund’s mandate is unlikely to be changed.She says: “It is not something we have a concern for. If you look at December 2006, we were at the top. It is one of those funds that kind of bounces.”


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 thought leadership.

    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