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Leeds deal adds 30 RIs at Towergate

Towergate Financial has bought Leeds adviser firm Paramount Group as part of plans to have 340 RIs within two years compared with 44 in July. Paramount has 30 RIs and advises in the corporate, trust, medical, family and matrimonial sectors.

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CML to tackle new-build fraud

The Council of Mortgage Lenders has taken steps to stamp out the current rampant fraud problem in the UK new-build sector.

CII to form qualification taskforce

The Chartered Insurance Institute has established a taskforce to plan for possible RDR qualification requirements, following a 60 per cent increase in individuals enrolling in diploma exams this year.

The Mig issue

Last week, I received an email from an IFA accusing me of being a w****r, “along with your mates at the Consumers’ Association, who promoted endowments in the 1980s and then said the opposite a few years later”. Regarding the gibe at the Consumers’ Association, now called Which?, I am familiar with the allegation that […]

Transparency needs more analysis, says IMA

By increasing transparency and publishing firm-specific information the FSA risks “publishing for publishing’s sake” rather than achieving any real value for consumers, according to the Investment Management Association.

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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