M&G  

M&G to launch IFA buyout scheme

It is a two-year programme which allows people to attain accreditation as a financial adviser. 

“We want them to be productive advisers. It’s not just a scale game. We want to grow through the academy. Advisers are getting older,” said Montgomery.

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But the firm is trying to grow faster, and a practice buyout model is one of the ways it intends to do this.

“We’ve been around a long time, and we’re going to be around for the future. We’re a stable prospect for advisers.”

ruby.hinchliffe@ft.com