Challenger launched its new UK sales force today following its acquisition of Investment Manager Nev...
Challenger launched its new UK sales force today following its acquisition of Investment Manager Neville James back in April.
The team of ten, headed by Tim Hines, says it is entirely IFA-focussed and aims to continue on building the relationship that Neville James developed with the IFA market.
A spokesman for Challenger International, an Australian-listed business, explains the purchase of Neville James provides the group with a platform of entry into the UK financial services market.
Commenting on the new appointments, Tim Hines, Challenger National Sales Manager, says: "The recruitment of seven new regional sales managers underlines our commitment to supporting and working closely with the IFA community.
"The high calibre of sales people that we have recruited is a major financial commitment to this objective. The new recruits are experienced in the IFA market and all have proven track records. They are well placed to help deliver the innovative but highly targeted products and services Challenger are currently developing."
John Heller, Managing Director, comments: "Challenger has enabled us to expand at a faster rate than would have been possible before. In Australia, Challenger already have proven success at developing innovative, award-winning products and services. We intend replicating this success over here in the UK. With the new structure and resources behind us, we can only go from strength to strength."
The new sales force will be promoting Neville James' three funds. The largest of these currently stands in excess of £100 million. All the funds claim to be low risk and low volatility.
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