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Advisers drifting towards big organisations

Friday 14th of March 2014

Nicola Smee, of the Ginger Group, said it had become noticeable that big firms were increasingly keen to sign up advisers as tied agents. 

“They’re picking good brokers off one by one to be tied agents and offering them extra bonuses they’d normally pay [groups],” she said.

Smee said that was hard on groups that had invested time and money in helping those advice businesses t...

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