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Personal Touch sets up debt firm

Personal Touch Financial Services has launched Personal Touch Debt Solutions, a debt management service for its ARs and DA members.

It says the service differs from other debt solution advisers because it will only allow regulated advisers to deal with a client’s debt issues.

PTFS group sales director Dev Malle says: “For us it did not matter that this area is not regul- ated because, as a regulated ent-ity, we need to ensure we operate under FSA principles regardless. This is why we have ensured that advisers who assist clients with debt advice are regulated.”

PTDS managing director Alan Hall says: “Critically, we handhold the client from the outset and help them manage their finances.”

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