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PosSol partnerships initiative attracts over 250 partners

More than 250 partners have signed up to Positive Solutions’ Positive Partnerships initiative.

The national IFA says the response to its initiative has been “exceptional” since rolling it out in April.

Positive Partnerships allows member IFAs access to professional introducers who can team them up with solicitors and accountants for referral arrangements, put them in touch with employers seeking a financial planning service and offer them the opportunity to take on orphaned client banks.

Positive Partnerships business development director Jonathan Morley says: “We knew that this was going to generate a huge amount of interest but the actual response from partners has been beyond our expectations.”

“This has been matched by major interest from the introducer organisations such as accountants and solicitors firms who are keen to tap into the benefits of offering their own clients the services of high quality IFAs.”


Ferrans to take over as IMA chairman

Investment Management Association chairman Robert Jenkins is to step down at the end of the year with Douglas Ferrans set to replace him.

Trail cash shelved in cru fund valuation quandary

Capita Financial Managers is suspending trail commission to advisers who have clients invested in the £400m CF Arch cru fund range.On July 29, Capita announced that all charges from investors in the fund range, including annual management charges to the funds’ investment manager and trail commission to IFAs, are being suspended.The suspension applies to fees […]

Face the realities of a new regulator

With the ever increa-sing pressure to reinvent the regulatory structure, it is inevitable that we will see significant changes to the existing landscape over the coming years. Discussion over regulatory reform has heated up in recent weeks, with the three main political parties all chipping in their 10 cents. The Government wants the FSA to […]

UK strikes to move up Europe structured sales table

The UK has overtaken Switzerland, France and Belgium in structured product sales for 2009, according to research by to SRP research, UK sales for all products striking in 2009 totalled £8.2bn, above Switzerland (£7bn), France (£6bn) and Belgium (£5.9bn) as at July 31.Germany, Italy and Spain still led the market for sales over the […]


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