Towergate to give independent advice in building society branches

This will see Towergate put an in-house adviser into each of the building society's three branches. It said the move would ensure Melton Mowbray's customers receive regulated financial advice following the implementation of RDR. Towergate would not disclose the amount paid for the business but will receive all legacy commission related to financial advice already given to an existing client base. This is the fifth building society that Towergate has established a relationship with after deals with Nottingham, Loughborough, Scottish and Saffron. It now has 55 advisers based in bu...