CEO of The Finance Planning Group, Terry McCutcheon has launched a mortgage and protection network after the FCA agreed his direct authorisation permissions yesterday.
The 60-adviser group launched itself as a network – The Finance Planning Group – after 16 years as a Legal and General Appointed Representative (AR).
The West Sussex-based firm applied for network permissions in August 2015 and was authorised in March this year after a delay caused by a backlog of consumer credit applications.
McCutcheon said The Finance Planning Group made the transition with the help of the Huntswood Consultancy, which made sure it submitted everything ‘right first time.’ Most of the hard work was done upfront because it took months of preparation to submit the application, he added.
The mortgage and protection network is the first new network to launch since The Right Mortgage and Protection network in February 2015.
Stephen Smith, director of Legal & General Housing partnerships said the insurer is delighted to be a network partner, adding the firm’s DA authorisation will stand it in great stead.
“Our erstwhile network relationships have truly evolved into partner relationships, as the L&G Housing Partnerships name evolves,” he added.
For more, read the in-depth exclusive on the network launch here.
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.
