Adviser sets up IFA practice in debt management firm

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A Lancashire IFA has teamed up with a local debt management firm to offer financial planning help to clients struggling with cash-flow.

With the economic and unemployment crisis calling time on wealth creation, David Curley felt what most people currently need is a back to basics approach. Earlier this year, he left a general insurance brokerage's life arm to set up the IFA practice with Blackburn-based Spencer Hayes. Initially, the firm could only offer mortgage and life cover services, but this week it has won FSA permission to advise on pensions and investments as well. The company has now changed its name to Spencer Hayes Financial Services Ltd from Spencer Hayes Mortgage Services to reflect its evolution. "...

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