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Origen of the species

Most of the Aegon IFAs become one operation under the brand name Origen. Aegon&#39s distribution strategy can no longer be faulted for having too many chiefs – although the profitable and part-owned Positive Solutions, a national franchise outfit, remains separate. Origen has a man from the insurer as its chairman, Peter Dornan, and one of the IFA chiefs, Gareth Marr, as its chief executive. The trick now is to combine the strengths of what were seen as several very good businesses under one structure. Origen now becomes the test case for whether an insurer can make the transition to becoming both provider and successful IFA distributor. All the other big advice players will be watching with interest.


Watchdog warns that minority are tarnishing IFAs

A small number of IFAs are in danger of making consumers question the professionalism of the entire IFA sector, according to the Financial Ombudsman Service. Head of communications David Cresswell says the vast majority of IFAs deal well with any consumer complaints they may receive but a small minority are risking bringing the sector&#39s professionalism […]

&#39Flats not the answer to housing problem&#39

However, Savills&#39 report states that development in sustainable communities needs to be based on a mix of housing types and tenures which are co-existent with local requirements. The report also emphasises that flats do not work regionally everywhere. It states that in many suburban, semi-rural and rural areas, the high-density app-roach is inappropriate as demand […]

&#39Sipp step towards buy-to-let regulation&#39

Charcol senior technical director Ray Boulger says the Government&#39s decision to allow buy-to-let mortgages to sit in a Sipp could be the first step towards the product being fully regulated. Boulger told Money Marketing this week that he believes the FSA has made it clear it thinks BTL should be regulated and he thinks allowing […]

&#39Adviser stole £279k and then murdered pensioner&#39

Worcester financial adviser Peter Crittenden is standing trial on charges of murdering pensioner Joan Beddeson after stealing £279,00 from her. Crittenden, 64, who worked for Young Ridgeway & Associates, is on trial at Chester Crown Court. He denies the charges. He was appointed financial adviser to Beddeson, 71, after she saw a newspaper ad. Crittenden […]


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