Personal Touch makes MD redundant

clock

Mike Allison, the managing director of Personal Touch Financial Services (PTFS), has been made redundant after seven years at the network.

His departure as well as those of other staff members was announced in January and blamed on the deteriorating economic conditions. In an e-mail to advisers, John Ruddick, chief executive at the network, says: 'It is with deep regret that I have to announce that PTFS have agreed terms with Mike Allison to put into effect his departure from PTFS after seven years of service." Due to the seniority of his role, Allison had been working out his notice period with the company with responsibility for developing Regional Support Centres (RSCs). In his email, Ruddick confirms the RSC-relat...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Hitting milestones later in life could impact when people seek advice

Hitting milestones later in life could impact when people seek advice

People will likely be seeking financial advice later

Laura Suter
clock 19 April 2024 • 3 min read
Regulatory pressures taking a toll on industry stress levels

Regulatory pressures taking a toll on industry stress levels

'Regulatory pressures are the first thing on my mind’

Sahar Nazir
clock 19 April 2024 • 1 min read
Advisers blast FCA funding requirement of £755m 'inexorable'

Advisers blast FCA funding requirement of £755m 'inexorable'

‘I don’t really know what value I’m getting from the FCA – if any’

Hope Coumbe
clock 19 April 2024 • 2 min read