IN Partnership celebrates its fifth anniversary this year and says it will double in size by 2008.Group chief executive Kevin McDonagh, group chairman Stanley Lovell and group commercial and legal director Julian Cole set up the Horsham-based network on July 1, 2000 under the Inland Revenue Enterprise Incentive Scheme. The network has its own IFA division, formed out of the acquisition of the staff from defunct firm Reeves Independent Options, which opened in December and currently has 21 registered individuals. IN Partnership, which is the trading name of the On-Line Partnership Limited, now has 453 registered individ- uals in the network and hopes to grow to 1,000 RIs in the network within the next three years. It also hopes to grow its IFA division to 150 RIs within this timeframe. McDonagh says: “We hope to increase the number of advisers under our network to around 1,000 and our national IFA division to around 150 advisers while retaining the personal touch with all our members and staff.”
The sharpest divide has always been assumed to be between independents and multi-ties.
Key features documents are to be replaced with a document highlighting the benefits and risks of investment products. The document, dubbed the quick guide, will form one of the main pillars of a wider disclosure package for investment products which will eventually replace the key features regime. The FSA proposes that the guide will be […]
Over 6m Britons prefer to rent than buy as mortgage phobia is gripping the nation, according to Alliance & Leicester. A&L’s latest quarterly index finds that over six million UK adults would rather rent than buy.Nearly half of these are fearful of getting on the ladder due to the cost of a mortgage.Further, 17 per […]
Speculation has increased on whether BM Solutions will be entering the equity-release market after the firm surveyed 200 brokers on whether the sector has potential. Asked which market holds the most potential over the next 12 months, 36 per cent of the brokers who were interviewed in June put equity release at the top of […]
Over the past year, both conventional and inflation-linked gilts have generated returns in excess of 25 per cent. Meanwhile, inflation has only risen by between 1 per cent and 1.5 per cent. Click here: ILG webinar note 1016
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