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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



Sports clubs kick off with pensions

IFAs may face a growing threat to their livelihood as sports clubs areplanning to sell life and pension products to fans, according toDatamonitor.The report highlights a growing trend for sports clubs and associations toget involved in financial services, with over 250 clubs offering over ninemillion fans the opportunity to take an affinity credit card.But Datamonitor […]

Seumas is hanging up his 14 sporrans

Former Pearl Assurance salesman Seumas McSporran is hanging up his hat,cap, helmet and a whole host of other headgear as he retires from a totalof 14 different jobs on Gigha, a wee island off the Mull of Kintyre on thewest coast of Scotland. The 62-year-old held down jobs as the island&#39sinsurance broker, policeman, fireman, pier […]

NU offers range of flexible mortgages

Norwich Union has set up a range of flexible mortgages to replace itsresidential mortgage products.The new loans include three flexible mortgages with varying discountoptions and a value tracker, which Nor wich Union says offers low interestrates and complete transparency.There are no lock-ins or tie-ins and all mortgages under £500,000 are fee-free.Mortgage business development manager Ewan […]

Call for FSA monster to be tamed

A right of centre thinktank has this week published a report accusing theFSA of being the least accountable Government institution created since theSecond World War.The publication, called Leviathan At Large, compiled by the Centre forPolicy Studies, says the FSA can do virtually whatever it likes.The editor of the report, Tim Knox, is adamant that those […]


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