SimplyBiz founder launches restricted national 'Project Refresher'

Nicola Brittain
clock

SimplyBiz founder Ken Davy has launched a national advisory business aimed at the restricted advice market.

The national has not yet been given a name but is being referred to as "Project Refresher". It is currently waiting for Financial Services Authority (FSA) approval and its founders expect it to launch in September or October this year. The firm will be a completely new business run separately from SimplyBiz. There will be 30 or 40 staff at head office and the founders expect it to become "a significant player" in the restricted market, according to SimplyBiz joint managing director Matthew Timmins. Timmins said: "Although we don't know how many advisers we will be taking on, if ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Dinosaurs go extinct': Former Progeny CTO warns platforms must evolve or die

'Dinosaurs go extinct': Former Progeny CTO warns platforms must evolve or die

Tim Thompson Rye warns advice platforms must embrace digital transformation

Sahar Nazir
clock 31 January 2025 • 2 min read
Advice firms called to 'create tech team' to fully embrace AI

Advice firms called to 'create tech team' to fully embrace AI

‘A tech team can look at the most important problems your firm needs to solve’

Sahar Nazir
clock 31 January 2025 • 2 min read
Feel Good Friday: CISI gives nearly £250,000 to financial education charities

Feel Good Friday: CISI gives nearly £250,000 to financial education charities

Providing support to Get Set Girls, RedSTART Educate, and Crosslight Advice

Professional Adviser
clock 31 January 2025 • 1 min read