PosSol owner Aegon pledges 'full support' for group

clock

Aegon has declared its "full support" and confidence in the future of its national IFA brand, Positive Solutions, despite a number of high-profile departures and disruption caused by an exit clause introduced last year.

Head of operations, Chris Hull, last week became the sixth departure from the company in as many months. CEO Jim Reeve, recruitment director Martin Brown, head of propositions Andrew Waldron, business development director Jonathan Morley and risk and compliance director James McCourt have all also left the business. However, Positive Solutions' CEO Peter Coleman said he was confident in the future of the business post-Retail Distribution Review (RDR). "We are putting in place the right things for the long term and ensuring that all partners - new, existing and those no longer with ...

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

London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

London's millionaire exodus: Advisers will 'undeniably' see wealthy clients move abroad

Labour's budget ‘main reason' for latest UK exits

Isabel Baxter
clock 17 April 2025 • 6 min read
UK inflation drops to 2.6% in March amid warnings of further price rises

UK inflation drops to 2.6% in March amid warnings of further price rises

Down two percentage points

Sorin Dojan
clock 16 April 2025 • 2 min read
Rewriting the rules of engagement: Innovating for the future of wealth and financial advice

Rewriting the rules of engagement: Innovating for the future of wealth and financial advice

‘Hyper-personalisation and fintech disruptors are reshaping financial advice’

Sneha Shah
clock 15 April 2025 • 3 min read