View more on these topics

Members swap ideas in DBS&#39s workshops

DBS is piloting best practice workshops for its members where they can exchange ideas to boost their business.

The 10 IFA participants were asked to choose which areas they wanted to discuss in the workshops. Subjects which have frequently been mentioned include organising and managing client banks, recruiting and retaining staff, developing the group market and technology.

DBS uses a fact-find to match IFAs who have knowledge in one particular subject with those who are keen to learn it.

The network also invites product providers to the workshops when it feels they could be of assistance in a certain area.

DBS currently hosts two workshops a month but plans to hold one a week from next year. Members are charged £100 each to attend the sessions, which last all day.

Members relations director Ian Thorneycroft says: “The workshops cover issues that everyone needs to know to run a successful business. The delegates come up with solutions themselves.

“Members have said that the workshops give them a quantum leap. For every idea you give, you get nine back.”

Recommended

Lincoln unit trust offers access to four markets

Lincoln Financial Group is launching a new investment portfolio which allows customers to invest in four global markets through a single ISA or unit trust portfolio. The Global Opportunities Portfolio invests in the Japanese, North American, UK and European stock markets. The funds are managed by Goldman Sachs Asset Management. It will invest in a […]

Treasury doesn&#39t know the meaning of a mortgage

The Treasury is delaying the implementation of mortgage regulation until the end of next year because it has not defined what a mortgage is.The Council of Mortgage Lenders is not expecting to see a final blueprint of the regulations until at least November, so regulation will not come into force until the end of next […]

Legal & General is dipping its toes in the healthcare cash plan market for the first time with the Essentials Cash plan

Essentials is aimed at employees in small to medium sized companies who are looking for healthcare cover to complement what they receive from the National Health Service.The plan offers three levels of cash benefit, and the premiums increase to reflect this. The plan is underwritten by experienced cash plan firm HealthSure Group, which produces health […]

Axa plan may start wave of orphan fund payouts

Plans by Axa to pay former Axa Equity & Law with-profits policyholders £400 windfalls from orphan assets could herald a wave of payouts by life offices.Both CGNU and Prudential confirm they are considering following Axa&#39s lead.Research by Schroder estimates life offices have around £44bn in orphan assets. This flies in the face of the commonly […]

India GDP surprise

By Kunal Desai, head of Indian Equities, Neptune Kunal Desai, manager of the Neptune India Fund, comments on the strength of India’s latest GDP figures. Click here for more Important Information Investment risks The Neptune India Fund may have a high volatility rating and past performance is not a guide to future performance. The value […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment