Chris Smallwood
Chris Smallwood, CEO of 2plan Wealth Management, was forced to defend himself against allegations of fraudulent misrepresentation in a Leeds court yesterday.
Openwork has acquired 2plan Wealth Management for an undisclosed sum as the multi-tie network moves to develop a stronger proposition to whole of market advisers.
National IFA 2plan says better than anticipated growth in turnover for the first half of the year means it is on track to hit profitability earlier than expected.
Other Chris Smallwood articles
2plan Wealth Management's revenue rose 55% in Q1, due to strong take-up of the company's premium fee-based ongoing service agreements.
National IFA 2plan Wealth Management has launched an online client portal enabling its advisers’ fee-based clients 24/7 access to their portfolio and valuation information.
National IFA 2plan Wealth Management is set to hand its 200 advisers what it calls a “radical” alternative to its standard client service agreements.
National IFA 2plan Wealth Management is launching a company share scheme with members qualifying for holdings based on their production levels.
Despite an increasingly busy fourth quarter for many in the industry, it is unlikely to have escaped too many people’s notice that the possible impact of the “Solvency II” directive on annuities is already attracting a lot of negative and nervous attention.
Regardless of the many news articles now claiming there is light at the end of the recessionary tunnel, many businesses are still suffering with the dual burden of increasing debt and rising overheads.
Talks over the transfer of 240 Park Row advisers to 2plan Wealth Management may have fallen through as a result of legislation introduced three years ago to preserve employees' terms and conditions when switching employer.
National IFA 2plan Wealth Management is set to open a Midlands office manned with nine new recruits as the firm continues its UK expansion plans.
With news that one in five complaints received by the Pensions Ombudsman are attributed to pension transfers and that this number has doubled since 2007-08, it means that yet again the issues surrounding what constitutes sensible pension advice have come to the fore. And, for many investors already caught up in company schemes with large deficits, the question of whether to stay put or look at transferring out is a very emotive one.
National IFA 2Plan Wealth Management says shareholders may have to wait two years until the firm is profitable, despite reporting a 1000% increase in turnover in 2008.
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