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Jelf acquires Cherwell Insurance Management

Jelf Group has acquired Oxfordshire-based insurance broker Cherwell Insurance Management for an undisclosed sum.

The Bristol-based corporate consultancy says it will retain the Hanborough office and all staff, giving Jelf a total of 20 offices nationwide.

Jelf group chief executive Alex Alway says: “The Jelf Group has a clearly stated growth policy and the acquisition of businesses that are both culturally and commercially aligned is a key part of that strategy.

Cherwell is a fantastic addition to the Group, delivering the dual benefit of strengthening our existing insurance team and extending our client coverage.”

Cherwell joint managing partner Roy Haines says: “There is real benefit to be gained in being part of a larger organisation. The increased support that we can provide for our clients was a major factor in our decision.”


A&L slashes fees on new mortgage range

Alliance & Leicester is launching a new range of intermediary mortgages and has slashed its product fees.Its intermediary special two-year base rate tracker remortgage is at the base rate minus 0.01 per cent for two years then at the standard variable rate of 6.59 per cent.On its five-year discount fully flexible, the product fee has […]

Two options for running national scheme

The White Paper on pension reform features two distinct approaches to running a national pension savings scheme. Major proposals in the Government paper published last week include restoring the link between the basic state pension and earnings from 2012 “subject to affordability and the fiscal position”. The state pension age will rise to 66 in […]

Service is top priority for NU

Insurer brings in training and development to improve its service standard levels and increase response rates

Packager alliance secures new blood

The Professional Mortgage Packagers Alliance has announced its latest member, Countrywide Mortgage Centres. Countrywide has a direct-to-consumer operation, a packaging business that services brokers across most of the country, and deals with mortgage applications to non-panel lenders that originate from the groups 1,100 branches. PMPA director of operations Jon OBrien says: Countrywide is a highly […]

What exactly is product innovation?

By Fiona Tait, Pensions Specialist Ros Altmann reportedly hoped for more product innovation following pension freedom¹ and, according to one poll, 66 per cent of advisers also believe that providers should be doing more². This article considers whether there is a real client need for new products, or whether we should be focusing our attention on efficient delivery […]


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