Its streamlined service will focus on particular areas of the group’s compliance offering, including policy, field services, help desks, complex and specialist areas and personalised consultancy.
The launch of the centres of excellence follows a strengthening of the executive compliance team at the end of 2018 with directorships for existing group staff Mark Greenwood and Richard Nuttall and a dedicated role for the mortgage and lending market, with the promotion of Steven Howard.
The evolution of this area of the business also saw the appointment of Bankhall’s Paul Bruns (pictured) to the newly created position of director of field compliance.
Gary Kershaw, compliance director of The SimplyBiz Group, said that providing compliance and regulatory support for the firms who use our services is absolutely the most important thing that the Group does, and we will never stop developing and improving the services we offer in this area.
He added: “Increasing regulation means that the burden upon advisers is growing all the time, and I don’t believe it will slow down at any point in the near future.
“The introduction of the centres of excellence has honed the significant resources and expertise we have in order to offer advisers access to focused, specialist support in a transparent and efficient manner.”