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AFH to absorb platform fees

Consolidator AFH is to scrap platform fees for clients by the end of the year. The business will absorb the cost of platform fees itself. A spokesman says the firm has been able to negotiate lower platform fees as a result of its “growing purchasing power” and has already been passing on the benefit of […]

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Lighthouse renews advice deal with 19,000-strong education body

National IFA Lighthouse has renewed its contract with 19,000 member organisation the Association of School and College Leaders to provide financial advice for a further three years. Lighthouse also works with union Unison, BA Clubs, the Royal College of Nursing and Prospect. It plans to target more affinity partnerships. Lighthouse chief executive Malcolm Streatfield says: “[The […]

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Co-op Bank hires former Lloyds boss as CEO

The Co-operative Bank has brought in the former commercial banking head at Lloyds Banking Group to be its chief executive following several years of turmoil. Andrew Bester is to replace Liam Coleman, who has spent a year and a half in the job. According to The Times, the appointment is the fifth change at the […]

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