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Tenet networks take over at top of league

Tenet networks have taken over from Berkeley as the most popular network with members, according to research by Henry Samuels Marketing Services.

Interdependence and M&E were ranked first and second by network members, moving up from second and third respectively in 2003.

The Tenet networks overtook Berkeley Indep-endent Advisers which had held the number one spot for eight of the last nine years.

The survey of network members ranked networks on 11 service criteria marked out of five.

Bankhall’s Investment Strategies Limited, which is being closed, came fourth, followed by Burns-Anderson, Sesame, Berkeley Wodehouse, In Part- nership and Whitechurch.

HSMS director Henry Samuels says: “The research shows that the network sector continues to be a vibrant market, with most networks seeking to satisfy the needs of its members. Where these needs are not satisfied, changing member attitudes are indicated.”


Axa and Aberdeen eye Framlington

Axa and Aberdeen Asset management are rumoured to be interested in Framlington, the fund management business controlled by HSBC. HSBC decided to sell Framlington for up to 250m last year, hoping initially for a management buyout deal led by Framlington chief executive Peter Chambers. The deal collapsed in March.

Lifetime ISAs – International Evidence

By Fiona Tait, Pensions Specialist Since the announcement in March, the Lifetime ISA (LISA) has attracted controversy. Heralded as a saviour for the self-employed and the young wanting to get on the housing ladder, the new LISA risks adding confusion for savers trying to fully understand the benefits of new workplace pension savings through auto-enrolment. To […]


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