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Interlink in associate deal as it looks to buy a network

Interlink Premier Network is offering an associate member support service

for directly regulated IFAs and is looking to acquire another network as

part of ambitious plans to expand and float.

The Cardiff-based IFA network, set up in 1986, hopes to increase its

number of registered individuals from 220 to 260 by the end of the year

through recruitment of full members, associate members and acquisitions or


The service is intended for IFAs who want to buy services such as training

and compliance on an ad hoc basis rather than become a full network member.

Unlike full members, associates will not have to pay an annual

turnover-based fee and charges will vary according to the services used.

Interlink says it is in negotiation with a number of firms interested in

using the service.

It says it is confident of increasing its turnover from £16m to

£20m by the end of next April but to reach £30m, which it

believes is necessary to make floating on the Alternative Investment Market

achievable, it is looking at buying another network.

Executive business development manager Brian James says: “To reach the

critical mass to float, another option is merging with a network of a

similar size but organic growth and making an acquisition is the ideal.”


R&SAIFS launches whole of life product

Royal & Sun Alliance International Financial Services is launching its first whole of life product, called Protection Plus.The product offers life and critical illness cover, waiver of premium and key event options, designed to cover marriage, birth or legal adoption and house purchase, available to placeholders over the age of 50.R&SAIFS general manager, sales and […]

Money in the bank

Mark Moran Senior relationship manager, Cater Allen Bank Money Marketing&#39s series on Surviving Stakeholder has, in the past 12months or so, given IFAs many good ideas on marketing techniques and waysof diversifying their business. Here is another – using banking services asa financial planning tool. The number of IFAs recommending bank accounts proactively to their […]

Pink homes in on would-be landlords

Pink Home Loans has introduced the three-year fixed rate buy-to-let mortgage.The mortgage has a fixed rate of 5.98 per cent for the first three years of the mortgage for loans of up to 85 per cent of valuation.After the fixed rate period the mortgage will revert to 1.98 per cent above the Bank of England […]

Royal & SunAlliance International Financial Services – Protection Plus

Wednesday, 6 June 2001.Type: Cafeteria-style protection product including whole life and critical illness cover.WHOLE LIFEMinimum sum assured/premium: £50,000/£67 a month, £670 a year.Minimum-maximum ages: 18-75.Allocation rates: 90-103 per cent.Fund links: 80 funds from Baring, Collins Stewart, Fidelity, Gartmore, Investec, Merrill Lynch, Perpetual, Royal & SunAlliance International Financial Services, Principal, Templeton, Mercury, Schroder, Vanguard, Deutsche, Invesco, […]


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