Network the Lighthouse Group will merge its Temple and GP businesses to relaunch them under the national brand Lighthouse Financial Advice.
The new arm will bring over 250 advisers under the same Lighthouse name.
Lighthouse says the move to cut the number of regulated entities within the Group was necessary to improve operating efficiency and better implement changes stemming from the RDR.
The merger will be completed on 1 December 2010. As of that date all advisers in both divisions will trade under the Lighthouse Financial Advice brand.
From 31 March 2011 all advisers currently regulated by Falcon Group and LighthouseXpress will instead be regulated by a single entity to be known as Lighthouse Adviser Services.
The terms for all registered individuals and appointed representatives will remain unchanged and advisers using the Falcon trading brand will be able to continue doing so.
Lighthouse says advisers in both of these regulated entities should be minimally affected other than by minor disclosure changes to their stationery from 31 March 2011.
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