User:Welsh-marches/drafts
Clive Holmes was the founder of the Life Insurance Association and one of the founders of the Institute of Financial Planning He is a former director of the now defunct Berkeley Berry Birch (BBB) and the Gateway Consortium.[1]
Holmes was appointed a non-executive director of BBB in April 2001 but resigned shortly thereafter citing problems to do with his residency in the Republic of Ireland. The failure of BBB was partly attributed to problems with their regulator, the Financial Services Authority, arising from training of the BBB salesforce carried out by Holmes. BBB was publicly censured by the FSA over the misselling of whole of life policies and regular savings plans between 2001 and 2004.[2] Holmes roundly denied that his training was the cause of misselling problems at BBB, citing compliance problems instead.[1]
References
- ^ a b "Consultant defends his sales tactics" by Paul McMillan in Money Marketing, 16 March 2006. Retrieved 23 November 2011. Archived version.
- ^ "Advisers urged to be on alert over property plan" by Paul Thomas in Money Marketing, 17 September 2010. Retrieved 23 November 2011. Archived version.