positive solutions

Aegon UK has appointed Patrick Gale to executive chairman of distribution.

British Friendly has launched its income protection (IP) product with network Positive Solutions.

Positive Solutions is rolling out a bespoke version of the latest True Potential software to its partners.

National IFA Positive Solutions is to offer existing and prospective partner firms a new charging structure designed to encourage them to build their own brand presence and recruit more advisers.

National IFA Positive Solutions has overhauled its pension switching guidelines for its 1,300 partner advisers following FSA guidance and recent regulatory action against at least 22 firms.

Positive Solutions has delayed the introduction of a 'leavers' fee' after a number of partners 'resigned' from the business in protest.

National and network advisory businesses say they may be forced to raise charges if regulatory and insurance costs continue to climb.

Positive Solutions is confident partners who resigned last week over an eleventh-hour directive that will see exiting advisers charged a leavers' fee will stay with the company.

A 'significant' number of Positive Solutions partners have provisionally resigned from the national IFA over a new directive affecting advisers leaving the business.

Positive Solutions is upping the charges it levies partners, citing "substantial" increases in professional indemnity insurance costs and FSCS bills.