View more on these topics

Thomson&#39s set for name change in Euro push

IFA Thomson&#39s Group may adopt the name of its German parent AWD Holding as part of its bid to become the UK&#39s leading European IFA.

The group is believed to be considering the name change which would not necessarily see the Thomson&#39s name disappear entirely but would give a better indication of its attachment to the German financial services group.

300-RI group Thomson&#39s was bought by AWD in 2001, which has 4,846 advisers in Germany, Austria, Switzerland and Italy and has recently acquired several businesses in Eastern Europe.

Speaking at a conference in London last week, entitled, New Trends and Challenges in European Financial Services Markets, chief executive Douglas Gardner said the firm has gained a strong financial partner in AWD and extensive financial leeway to secure future growth within the group.

He said: “Thomson&#39s pursues a consistent growth strategy, as does AWD. It is based in part on independence as a commitment and a core competence.

“Future objectives include an increase in the number of advisers and their productivity, especially by making use of cross-selling potential, expanding the customer base, realising synergies within the Thomson&#39s group and developing the AWD brand in the UK.”

Recommended

Talkback

“When banks win business from the industry, it is through lethargy. If depolarisation breeds more lethargy, maybe they will.” Malcolm Fletcher, Fletchers “I am not as positive as Paul Smee. Just because we have won the last few battles against bancassurance does not mean we will win this one. We will have to fight hard.” […]

More marketing bumf for IFAs but it&#39s better quality

IFAs are being bombarded with more marketing material than ever but the quality of the information they get is improving, says research firm Market Watch. The firm says IFAs get an average of 2,094 items of marketing material a year comprising a total of around 20,000 pages. But Market Watch believes providers are respon-ding well […]

Personal finance needs more time in classroom

Van den Hende says pfeg is already working to integrate personal finance education within the teaching of maths through a project funded by the DfES. As a pilot scheme, it will run within five UK schools and will provide a framework to potentially roll-out amongst all schools.She says: “Over the next few months pfeg are […]

Four new members appointed to Consumer Panel

Four new members have been appointed to the Financial Services Consumer Panel. The FSA has appointed former Barclays Private Banking marketing director Robert Skinner, National Consumer Council Board member Stephen Locke and market researcher Adam Phillips who join from 1 March 2004 and Citizens Advice national head of money issues Nicolas Lord from 1 January […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com