SimplyBiz founder launches restricted national 'Project Refresher'

The national has not yet been given a name but is being referred to as "Project Refresher". It is currently waiting for Financial Services Authority (FSA) approval and its founders expect it to launch in September or October this year. The firm will be a completely new business run separately from SimplyBiz. There will be 30 or 40 staff at head office and the founders expect it to become "a significant player" in the restricted market, according to SimplyBiz joint managing director Matthew Timmins. Timmins said: "Although we don't know how many advisers we will be taking on, if ...