IFA members of SimplyBiz can boost the value of shares they were gifted when they joined the firm after it announced a partnership deal with investment manager GHC Capital Markets.
SimplyBiz says advisers that use any of GHC's portfolio services will see 25 basis points added to the value of their stock in Capital Rewards Ltd and Capital Rewards Plus Ltd, which were launched by the service provider in 2007. Members were 'gifted' a set number of shares in both companies when they joined SimplyBiz under its Capital Reward Scheme. Shares were allocated depending on the turnover of the joining firm, which was eligible for a minimum of 60,000 shares in each of Capital Rewards and Capital Rewards Plus, plus an extra share for each £1 of turnover up to £300,000 and there...
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