Richard Cohen from Worthing-based Nsure Group has become the youngest associate of the Personal Finance Society at just 21 years old.There are 1,092 associates in the UK and the average age is 41. Cohen started working part-time for Nsure, which is headed by his father Tony Cohen, in 1999 while still at college before becoming an IFA at the age of 17 in 2001. Associates have to pass six subjects in the Advanced Financial Planning Certificate. Cohen is only three exams away from achieving fellowship status which he hopes to gain within the next two years. He says: “I thoroughly enjoyed being a paraplanner in the company and becoming an IFA was the natural progression. I think it is important to have more than the basic qualifications as clients will have more faith in you.” PFS head of marketing Stephen Smyth says: “Richard has achieved what only a handful of others in the UK financial services market have done in the past. To reach the level of qualification of associate takes a great deal of commitment and intellectual capability, as well as being able to demonstrate this learning in a practical way to the benefit of clients.”
While I agree with some of Simon Chamberlain’s comments regarding membership of Aifa (Money Marketing, July 21), I believe they are typical of those who advocate the multi-tied route. I think he misses the point, which is that the public are not best served by depolarisation and that multi-tied advice is not in the public’s […]
Leeds & Holbeck Building Society recently welcomed All Blacks’ legend Justin Marshall to a summer school for 140 seven- to 16-year-olds hosted by the society. Marshall arrived direct from his native New Zealand and went straight to the summer school. The most capped All Blacks half-back of all time has signed for the Leeds Tykes, […]
Legal & General has been appointed to Park Row’s mortgage protection panel, bringing the total number of product providers on the panel to 12. L&G previously missed out on gaining a place due to concerns from Park Row on its service proposition that have since been rectified.
Last week’s interest rate cut has warmed the BTL market but there will be few new landlords entering the market according to Mortgage trust research.In its August 2005 analysis, 43.4 per cent of intermediaries believe BTL business levels will increased slightly while 34 per cent think it will remain at the same level. BTL intermediaries […]
Johnson Fleming’s current charity of the year is CLIC Sargent: the UK’s leading cancer charity for children and young people, and their families.
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HM Revenue & Customs has published guidance on how new income tax bands in Scotland will affect pension schemes and their members. The note is a response to the Scottish Government’s confirmation it will introduce five income tax bands for 2018/19. Pension savers in Scotland currently receive pension tax relief at their marginal rate but […]
SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. SimplyBiz joint group chief executive Matt Timmins confirms the business has recently appointed Zeus Capital as […]
Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]