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Wealth manager enters DB market with TVAS acquisition By Michael Klimes 7 th April 2021 6:00 am Wealth manager Arlo Group has entered the defined benefit market with its acquisition of Purely Pensions. Purely Pensions will remain directly authorised and offer transfer value analysis report writing to third parties, among other defined benefit services. Arlo Group also has an international advice arm that is split between UK clients and non-domiciled individuals. The deal remains subject to FCA approval. Arlo International managing director Jonathan Hives says: “We have invested into a company that have permissions to do DB transfers. This company has the Pension Transfer Gold Standard and it is absolutely critical you take correct advice. ....
Can Brexit fix adviser regulation? | Money Marketing moneymarketing.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymarketing.co.uk Daily Mail and Mail on Sunday newspapers.
Profile: ‘Greater access to information has forced financial services to clean up its act’ By Amanda Newman Smith 12 th January 2021 11:39 am The first step for many when buying a product or service these days is to trawl the internet looking at reviews or feedback left by previous customers. The power consumers have in shaping a company’s reputation through very public opinions is something Arlo International managing director Jonathan Hives sees as aiding regulation in financial services. Heading up the UK-based international advice arm of wealth management firm Arlo Group, Hives has seen regulation tightened up globally, not just in the UK. This has been good for UK expats who have been fair game to offshore advice firms that have used aggressive sales tactics to gain business, provide unsuitable advice and charge clients an arm and a leg for the privilege. ....