PosSol partners 'resign' over leavers' fee directive

Scott Sinclair
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A 'significant' number of Positive Solutions partners have provisionally resigned from the national IFA over a new directive affecting advisers leaving the business.

Aegon, which owns the company, says 18 partners resigned last night, but one adviser, speaking anonymously to IFAonline, says that figure is substantially higher. Most have included a clause retaining the right to withdraw their resignation should Positive Solutions alter its plans. The new rule, which came into effect today, affects partners leaving the business. Partners were told yesterday anyone leaving from 1 April will be charged their share of the national IFAs' regulatory costs up to 31 March 2012. The anonymous partner, who handed in his resignation last night with four...

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