Honister Capital mulls 'unbundled' offering

The business describes itself as a "full service outsourcing company", offering compliance, IT and research capabilities to IFAs Honister Partners, Burns-Anderson and Sage Financial Services. But strategy and business development director Alan Easter says the group, which recently announced operating profits of £1.5m for its first three months' trading, is considering stripping down the service into its component parts and allowing firms to select those they need. Easter anticipates there will be fewer advisers on 1 January 2013 - "could be 5%, could be 50%", he says - and argues nat...