Online-Partnership to acquire The Whitechurch Network

The deal would create a business with more than 600 financial advisers and is currently waiting for Financial Services Authority (FSA) approval for a change of controller. The brands will retain their separate identities with the managing director of Bristol-based Whitechurch, Ian McIver, remaining in place. The In-Partnership network currently has about 450 advisers while The Whitechurch Network has around 180. On-Line partnership chief executive Kevin McDonagh said he expects all the advisers to stay on following the introduction of the Retail Distribution Review. Although McD...