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Thomson&#39s swallows up Redcliffe

National IFA Thomson&#39s Group has taken over IFA Redcliffe Associates in a

deal which takes its number of registered individuals to 100 and gives it

blanket UK coverage.

The companies, which will operate under the Thomson&#39s name, will have 18

offices nationwide and a turnover of £15m, £11m coming from Thomson&#39s.

Thomson&#39s says the deal makes it one of the biggest IFAs in the country.

Redcliffe has dominance in the South-west and South Wales with 35 RIs while

Thomson&#39s has branches from Scotland to the South coast.

Redcliffe will merge into the Thomson&#39s Financial Planning arm of the

group which provides tailor-made solutions for personal and corporate

customers, covering pensions, investments, inheritance, retirement and tax


Thomson&#39s Group chief executive Douglas Gardner says: “We have a very

strong reputation as one of the UK&#39s leading IFAs and, by join ing with

Redcliffe Associates, we are adding a market-leading brand and

strengthening Thomson&#39s overall presence in the South-west market.”

Redcliffe Associates founder Tony Gordon says: “Thom- son&#39s Group has one

of the best reputations in the UK and it is a recognised expert in its



Flexible fixes from Stroud & Swindon

Stroud & Swindon Building Society is offering two new mortgages to attractcustomers who want a flexible mortgage with a fixed rate.The two new products in its portfolio are the fixed and flexible mortgageand a fees-paid remortgage-only fixed and flexible mortgage.The first mortgage offers free valuation and has a fixed rate of 6.29 percent until June […]


&#39Cat loans will prove poor value&#39

Nearly half of mortgage brokers believe Catmarked mortgages will prove to be poor value for consumers, according to the latest findings from TMB Research. The survey, commissioned by packager The Mortgage Business, shows brokers are seriously concerned that the introduction of Catmarked mortgages will have a detrimental effect on sales. The news follows indus trywide […]

Sales staff say they stand to lose out

Royal London&#39s salesforce is claiming that United Assurance&#39s salesforceis getting preferential treatment on redundancy packages.An MSF union spokesman says the Royal London management has intimated thatproposed voluntary redundancies would only be offered to United Assurancestaff.But Royal denies it has said anything of the kind. It is making a takeoverbid for United.It has already told its […]

Boutiques are in style fashion

The trend of big-name managers jumping ship to join either a smallinvestment house or to start their own firms is is now firmly establishedin the UK.The phenomenon of boutiques began in the US about 10 years ago andboutiques now springing up in the UK.In the last couple of years, Japan specialist Ed Merner left Schroder […]

Is this the endgame for the current mergers & acquisitions boom?

Last year, worldwide mergers and acquisitions (M&A) rose to an unprecedented $4.7tn, according to Thomson Reuters, a 41 per cent increase over 2014. Anthony Forcione, senior equity analyst at Loomis Sayles, an affiliate of Natixis Global Asset Management, looks at what’s been driving this particular wave of mergers. Click here to view full article: Loomis-Sayles


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