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Plan Invest in tie-up with Leek solicitor

Plan Invest&#39s general advisory arm Plan Insure is entering a joint venture with Leek-based solicitor Bowcock & Pursaill to provide financial advice to its clients and the local community.

Based in the adjacent building to B&P, Plan Invest Financial Solutions will offer advice on pensions, mortgages, life insurance and investments to potential customers from the area, which has only a small number of IFAs.

The business will be staffed with eight existing Plan Invest RIs, who will work in the office on a rota basis.

Joint managing director Malcolm Mitchell says Plan Invest had been looking for a solicitor firm to tie up with for months but, until it came across B&P, it had struggled to find one of a suitable size.

The move follows Plan Invest&#39s acquisition last week of the client bank of Llandudno IFA David Chamings.

Mitchell says: “This is something we looked at on numerous occasions but we had not found a firm that was suitable.

“We will give advice to B&P&#39s clients but also within Leek generally, where there is only a small IFA community. It is not necessarily the last deal we make.”


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