View more on these topics

Job cuts as Brewin Dolphin shuts Stoke office

Wealth manager Brewin Dolphin has closed its Stoke office and is making four staff roles redundant.

As well as the redundancies Brewin has put one executive on gardening leave while eight other executives will transfer to its Manchester office.

The move follows last month’s closure of its Inverness, Hereford and Teeside offices.

At the time Brewin said it did not anticipate further regional closures. The Stoke office was closed last week.

The firm says all staff affected by the closure have been offered the opportunity to apply for roles in Manchester and elsewhere in the group.

Brewin Midlands North regional director Richard Platt says: “While we recognise this is a sad day for Stoke we are continually reviewing how we conduct business to ensure that our clients receive the best possible service.

“We will continue to see our clients locally in North Staffordshire and South Cheshire, where we all continue to live and we have every intention of continuing to grow our important and highly valued business in the area.”

Recommended

An-older-couple-outside-smiling-700.jpg

Advisers call for better IHT planning after £75bn bequeathed in two years

Advisers say Britons need to make better plans for their inheritance after data from the Office for National Statistics found that one in 10 people have inherited £125,000. The ONS report into inheritance in Britain, published last week, shows a total of £75bn was inherited between 2008 and 2010, with three-quarters going to the wealthiest 20 […]

Chris-Hannant-Headshot-in-2013-700.jpg
1

Apfa: PI cover shouldn’t be seen as part of compensation package

Apfa says it is a mistake for regulatory bodies to view professional indemnity insurance as a cost-free part of the compensation package. Financial Services Compensation Scheme chief executive Mark Neale said last week that the failure of life settlement firm Catalyst is expected to generate claims worth tens of millions of pounds.  Neale also said […]

Friends-Life-Office-Interior-700x450.jpg

AKG downgrades Friends Life due to restructure

Accountancy firm and ratings agency AKG has downgraded Friends Life’s financial strength rating from a B+ to a B following recent changes to the business. The move, which happened in June, sees Sesame Bankhall Group parent Friends’ financial strength rated as ‘strong’ rather than ‘very strong’. In August, AKG also downgraded Aegon’s financial strength to […]

Money-Currency-Coins-Pound-GBP-700.jpg
2

Adviser charging: The story so far

Adviser charging has been in place for over 10 months and many firms are already refining or reviewing their propositions, documentation and training needs. The Ideas Lab directors Robert Reid and Roderic Rennison outline their experiences of what is happening based on discussions with a variety of firms.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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 advice.

    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

    Email: customerservices@moneymarketing.com