- 5 -
Other developments
Talks are progressing on the opening of one further UK office based in the City of London and a new overseas
JV with a Belgium based broker to develop financial planning and wealth management business from their
well-established book of general insurance with Embassy and NATO staff in Brussels.
In closing, with the preparations for the post RDR world it has been a difficult and challenging year but one in
which we can take satisfaction from, with the increase in profits brought about by a combination of lower costs
and better margins. I want to thank my co-directors and our senior management staff the support given to me
by in achieving our objectives for the year.
P D Beard
Founder and Executive Chairman
Date: 20 March 2013
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