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Millfield

Your profession

Millfield - Money Portal integration will take 6 months

The integration of Millfield into the businesses of its new owner will be at least a six month project says the head of The Money Portal.

clock 21 July 2006 •

Your profession

PwC confirms Millfield subsidiaries sale

PricewaterhouseCoopers administrators of a number of Millfield Group subsidiaries have confirmed their sale to Bates Investment Services Limited.

clock 11 July 2006 •

Mortgages

Millfield could face legal action over unpaid proc fees

The administrators of Millfield South East (MSE) are contemplating legal action against Millfield Partnership, if the firm continues to refuse to co-operate.

clock 30 June 2006 •

uncategorised

Editorial comment: Rights and Wrongs

Intermediaries' finances have been hit from two directions in the past week in a way that deserves additional comment.

clock 30 June 2006 •

Mortgages

Millfield South East brokers still waiting for proc fees

Members of a Millfield subsidiary which went into administration nine weeks ago are still waiting to see if they will receive procuration fees that were frozen months ago.

clock 30 June 2006 •

Investment

Money Portal buys Millfield for £10m

Millfield has found a buyer in the form of the Money Portal, which is to purchase Millfield Partnership Limited, and has an option to buy Sage Financial Services, for £10.6m.

clock 26 June 2006 •

Your profession

Millfield seeks to reassure members

Millfield has attempted to reassure its members commission and salary payments will be made on time by issuing a memo about recent developments.

clock 23 June 2006 •

Your profession

Millfield says administration now 'highly likely'

Trading of Millfield shares has been suspended on the AIM as its plan to raise capital and avoid administration has failed.

clock 23 June 2006 •

Your profession

Millfield's last attempt to avoid administration

Millfield has announced it is making a last attempt to raise funds which could stop the firm from going into administration.

clock 19 June 2006 •

Your profession

Tebbutt ousted from Millfield

Paul Tebbutt has stepped down as chief executive and director of Millfield with immediate effect, the IFA firm has announced.

clock 12 May 2006 •
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