UK - Beckett Financial Services is restructuring in a bid to widen its presence in the pensions, asset management and financial planning markets.
The firm has begun hiving off its insurance divisions and is looking for further joint ventures within the financial services industry.
Its financial planning division will merge with its asset management arm under the new banner, The Beckett Investment Management Group.
Group chairman Robert Beckett said: “I can see considerable growth in financial planning and investment management. We now have the opportunity to create a much wider-based business.”
The move follows a joint venture with accountancy firm Thomas May & Co in May, where Beckett offers investment, pensions and financial planning advice to the firm’s clients.
Beckett also recently sold its general insurance interests to Country Mutual Insurance Brokers.
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