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“Yes. It should reap economies of scale and it means we will all be singing from the same hymn sheet.” John Fleming, J Derry Fleming Insurance Consultants

“It was as inevitable as night following day. There are economies of scale but the members are the last people to benefit.” Harris Frazer, Assured Benefits Consultants

“My main concern is the way costs have gone up. I would be in favour of it if it helps costs come down but it is difficult to say.” Doug Parker, Doug Parker Independent Financial Adviser

“I do not know. I do not think we are getting the full picture of what is going on at the moment.” Terry Hunter, Westgate IFA

“I do not know. It is inevitable but I do not know whether it is right.” Irena Glass, Wisa Investments

“No. But I am not into networks anyway.” Joseph Holmes, Teal Financial Services

“No. It is news to me but no surprise from &#39Big Brother&#39 Misys even though we were all told that we would retain our individual identities.” Stephen Selby, Selby Financial Services

Yes 25%

no 25%

DON&#39t KNOW 50%


Gartmore Investment Management – Cautious Managed Fund

Wednesday, 11 December 2002 Type: Oeic Aim: Income and growth by investing in UK equities and investment-grade bonds Minimum investment: Lump sum £1,000, monthly £50 Investment split: UK equities 60%, investment-grade bonds 40% Yield: 4.5% gross a year Isa link: Yes Pep transfers: Yes Charges: Initial 3.5%, annual 1.25% Commission: Initial 3%, renewal 0.5% Tel: […]

Whitechurch deal to train Pearl salesforce as IFAs

Whitechurch Network is offering members of the Pearl direct salesforce facing redundancy a new package to attract them to the network.In response to the news of Pearl&#39s plans to axe its direct salesforce of 1,000, the Bristol network is setting up a special unit headed by managing director Ian McIver to train direct salespeople to […]

Gay couples will get equal pension rights

The Government is to introduce a civil partnership registration scheme that recognises gay relationships for the first time, leaving the financial services industry to ponder what impact it will have.The proposals, which the Government will consult on next summer, have cross-party political support.The move would permit gay couples to benefit from the same pension, inheritance […]

Euro rule gets my vote over the FSA

So, execution-only sales could disappear and Hargreaves Lansdown is spitting its dummy out in righteous indignation (Money Marketing, November 21).The FSA says it will argue against this as “it does not take home market models into account”. The pre-CP121 polarised UK market was initially attacked by the FSA on the basis that it was different […]

Leading Edge – April 2017

There is little doubt 2017 will be a year of political uncertainty. Leading Edge is Royal London Asset Management’s regular review of investment markets. This edition explores some of the impacts that this uncertainty is having on investors, from the pitfalls of prediction within UK equity investing to the dangers of opting for convenience over […]


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