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Price takes on new recruitment role

Fiona Price has resigned as joint managing director of Fiona Price & Partners after the firm&#39s acquisition by the Destini group, to concentrate on a new role in recruitment and acquisitions.

Partner Anna Sofat becomes managing director. Price will become a non-executive director. Price & Partners was bought by Destini in November last year, the 12th purchase by the group since its launch. Price is moving to a role within the Destini group, which will involve recruiting female advisers into Price & Partners at locations around the UK, and then into other Destini practices.

She will be recruiting primarily experienced advisers but is also looking at building on training systems to train admin staff and graduates who want to become IFAs.

Price says: “Destini recognised Fiona Price & Partners&#39 established place in the market and wanted to get behind the idea. Women are no longer niche players. We are looking to expand the firm as a national brand and initially this will involve seeking out female advisory firms or those concentrating in this area.”


Turn-round as IFAs back move to rethink status

IFAs have overwhelmingly backed Standard Life&#39s decision to consider demutualisation despite having championed its policyholders&#39 rejection of a carpetbagging attempt three years ago. Seventy-three per cent of respondents in a poll of 117 Positive Solutions RIs say they endorse the move, a massive reversal from early 2000 when 89 per cent of IFAs supported policyholders […]

Bristol & West launches into offset

Bristol & West has announced that due to customer demand it is revamping its easyflex product range and relaunching it as an offset mortgage. The new offset range will include a tracker mortgage at Bank of England base rate plus 0.69 per cent, a two-year capped rate product guaranteed not to rise over 5.99 per […]

Get ready for electronic reporting

In my last column, I focused on the achievements we have seen in industry e-commerce over the last year and looked forward to some of the benefits it would be reasonable to expect to arrive during 2004. If the business efficiencies achievable as a result of many of the new services are not sufficient to […]

M&G uses tried and tested strategy

M&G has unveiled the M&G strategic bond fund, an Oeic that will invest mainly in investment-grade corporate bonds. The fund was designed for Richard Woolnough, who has just joined M&G from Old Mutual. Woolnough spent nine years at Old Mutual, where he managed the corporate bond fund since its introduction in 2000. Data from Standard […]


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