View more on these topics

Pos Sol reports record sales month

Positive Solutions has announced that last month’s business levels set a new monthly record.

Received commissions and fees in October reached £10.7m which it says leaves the firm on target to hit its forecast annual turnover of £120m this financial year.

It also reported strong recruitment figures for October with 48 new advisers joining the firm.

Positive Solutions chief executive Jim Reeve says: “The momentum that was evident early in the year has continued to build through autumn with new sales records set during both September and October.

“Recruitment remains strong and is likely to accelerate as a host of new developments come on stream, reinforcing our position as the most innovative, efficient and adviser-focused IFA company in the UK.”

Recommended

Nationwide warns house price inflation to fall to 0 per cent next year

Nationwide has warned that house price inflation will drop from the current rate of 9.7 per cent to 0 per cent by this time next year.In its house price forecast, the lender says that 2008 will see a slower economy, stretched affordability, tighter credit conditions and lower buy-to-let demand which will all take a bite […]

And then there were non

The RDR may hasten the retreat of advisers from the mass market

Reform bill will shake up benefits

Canada Life is urging employers to offer group income protection as an employee benefit in light of the Government’s welfare reform bill, which is due to be introduced this month.The company says that the reform will replace the existing incapacity benefit with employment support allow-ance, which could result in many people receiving lower benefits.Group legislation […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment