Lighthouse Advisory Services will increase the number of advisers working in its affinity division by approximately 100 over the next year, from 220 currently, according to joint CEO Malcolm Streatfield.
The company has taken on several recruitment staff in preparation for expansion. The number of leads received by the division, which receives most of its work from trade unions, rose to 15,000 last year from 11,000 in 2010, according to Streatfield. The increase is largely the result of redundancies in the public sector. Streatfield, speaking to IFAonline following the release of the company's full-year 2011 results today, said the RDR - and particularly the implementation of a number of new rules at the same time - had been "extremely disruptive". He said there may be a period ...
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