Ilott leaves Bates as firm refocuses

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PAUL Ilott is leaving his role as head of communications at Bates Investment Services as the IFA firm revealed plans to undergo a radical shake-up.

The Money Portal (TMP), which owns Bates, is poised to announce “key strategic partnerships” set to change the company’s output. Ilott, who has worked at Bates for five and a half years, admitted these changes prompted his decision to leave. The group plans to focus its resources and support on clients and advisers. This means its contributions to the industry will happen on a corporate and strategic level rather than the investment research-based, proactive level it has become known for. Ilott said: “Due to these impeding changes I have decided to move on to seek new challenges an...

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