Financial services - The power of unity
There is a long-standing association between insurance brokers and financial advisers but commercial factors have pushed this relationship into the spotlight and forced many to examine how it can be made to work more effectively, writes Edward Murray
Perhaps the most forceful factor in combining broking and financial services has been the acquisitive behavior of firms such as Jelf, Oval and Towergate. In their bids to create broking behemoths that offer a one-stop-shop service to clients, they have pumped millions of pounds into the welcoming pockets of grateful financial services companies, which have in turn become part of these burgeoning empires.
Questions remain regarding how well the large number of organisations branded together under
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