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Simply Biz picks up from rivals

SimplyBiz has reached a a total of 1,200 member firms and 2,400 individual adv- isers in the three years since its launch.

It says it has also seen increased numbers of new members joining from Bankhall over the latter months of last year since management changes at Bankhall.

Managing director Ian Thorneycroft claims that firms joining from Bankhall say that service standards have been falling.

In 2005, it says 34 per cent of members joined from dir- ectly regulated entities, 17 per cent from Sesame, 15 per cent from Bankhall and Investment Strategies Limited and 3 per cent from BIA. Nineteen per cent joined from six other networks, with the numbers joining from these companies largely reflecting those firms’ market share.

SimplyBiz chief executive Ken Davy says: “There is not a single major company that we have not attracted members from.”


Virgin Money launches new cancer cover protection product

Virgin Money is launching a cancer-only protection product, to be administered by Scottish Widows.Money Marketing reported the planned launch last February, which was denied by Virgin Money. The new product, to be called The Big V, is not a critical illness policy, and will run a severity-based approach to cover. Virgin says it will be […]

Resourceful equities

Watching stories unfold over the holiday season had me wondering whether they might set the tone for the coming year.

Owen reins in Defence Union’s aggressive approach

The IFA Defence Union is looking to shed its militant tag with a rebrand and increased focus on training. Evan Owen plans to change the name to the IFA Defence and Development Union. Owen, who has consistently argued that the financial services regulatory regime violates EU human rights law, says he is looking to quash […]

Happy medium

Medium-sized companies put in a remarkable performance last year and the prospects remain good


Guide: what you need to consider for your auto-enrolment project

In this guide, Johnson Fleming reveals what items you need to understand to gauge the impact of auto-enrolment on your business. The guide focuses on: the impact that your auto-enrolment scheme will have on you; assessing your workforce; understanding your staging date; reviewing your current provision; and modelling contribution levels and costs.


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