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PosSol hires ex-Burns Anderson manager as recruitment director

by Jun Merrett on Jan 21, 2013 at 16:27

PosSol hires ex-Burns Anderson manager as recruitment director

Aegon-owned national IFA Positive Solutions has appointed another ex-Burns Anderson employee, as recruitment director.

Andrew Rockey was a regional sales manager at Burns Anderson between 200 and 2006, before joining Barclays Wealth as an associate director.

Prior to joining Burns Anderson Rockey was business manager at network Sesame.

Between 2002 and 2008 PosSol chief executive Peter Coleman was director of Burns Anderson, which was one of the networks which made up collapsed financial services group Honister Capital which entered administration in July 2012.

Former Burns Anderson chief executive Michael Hughes was appointed as a non-executive director of Aegon’s distribution board including Positive Solutions an Origen in July 2012.

PosSol also recruited former Honister Capital chief executive Richard Pearson.

Rockey has taken over from Ian Clisby, who was PosSol interim head of recruitment who has been appointed to the newly created position of head of development and service.

Peter Coleman, chief executive of Positive Solutions said: 'I am very pleased that Andrew has chosen to join Positive Solutions. He has a proven track record of first-rate leadership, recruitment expertise and business consultancy skills.

'The appointments of both Andrew and Ian are essential in not only improving the service and proposition we provide to our partners but also in delivering the next two stages of our strategic growth plan for Positive Solutions, which are to help our partners build stronger more profitable businesses and to increase the number of IFAs we recruit.'

12 comments so far. Why not have your say?

Anitaki

Jan 21, 2013 at 16:48

None of these people seem to stay anywhere for very long, do they

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Mike WOI

Jan 21, 2013 at 16:49

'The appointments of both Andrew and Ian are essential in not only improving the service and proposition we provide to our partners but also in delivering the next two stages of our strategic growth plan for Positive Solutions, which are to help our partners build stronger more profitable businesses and to increase the number of IFAs we recruit.'

Or

Increase costs and go into administration

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Feargal

Jan 21, 2013 at 16:58

May as well call the firm Burns Anderson the management team all seem to have come from there. You could understand it if BA was a success story?

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Ray Pearson

Jan 21, 2013 at 16:59

......Positive Solutions, which are to help our partners build stronger more profitable businesses and to increase the number of IFAs we recruit.'

Isnt that a given??

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Outsider via mobile

Jan 21, 2013 at 18:22

So call me Pete slashes costs then recruits his ex-BA chums , which now reads

New CEO Coleman - Burns Anderson 2002-2008

New COO Richard Pearson - Money Portal / Honister 2004-2012

New Non exec - Mike Hughes - Burns Anderson -2002-2008

New Head of Client Experience Alex Ridsdale - Burns Anderson 2007-2012

New Head of Monitoring Julie Pearson - Burns Anderson/ Honister - 2001-2011

And now the BA recruitment director

Looks like only the Ex-BA IFAs are not joining PS these days !

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Simon Kershaw

Jan 21, 2013 at 18:22

Given that a fair number of ex-Honister IFAs have ceased to be authorised I suppose there is a target "pool" of prospective recruits.

If they do not feel "once burned, twice shy"

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*Sharon*

Jan 21, 2013 at 18:50

Yay, the conspiracy theorists are back, it's been a while!

So what we are saying is: anybody employed, at any point in time, by Burns Anderson, Money Portal or Honister is completely rubbish and should never be employed again.

Nice. How charitable.

Or, the alternative view could be that some of the people who, once upon a time, (in this case over 7 years ago), worked for one of these 3 firms, may actually have been half decent? Maybe even 'good' at their jobs.

How odd for a CEO to want to work with people he knows.

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Endangered Species

Jan 21, 2013 at 19:29

My understanding is that Mr Coleman has been instrumental in making a month-on-month profit for the last 18 months. Now that Pos Sol has turned itself around quite dramatically, they can afford to recruit a couple of decent employees to grow the business. Businesses that weren't making any money last year haven't got a hope in 2013 and I'm sure expanding the recruitment team will pay for itself.

Common sense to me - I can't see what the fuss is all about.

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Ex BA via mobile

Jan 21, 2013 at 21:58

I see the PS PR team are out in force ....

Great time to hire a Recruitment Director , after losing 50% of your IFAs in 3 years and being snubbed by over 90% of your ex colleagues from Honister .

Sounds like a hospital pass to me

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The Patriot

Jan 22, 2013 at 09:57

I agree with "Ex BA" - PS seem to have no strategy whatsoever. With respect "Sharon" it is not conspiracy theory, recruiting a group of people who have presided over the demise of a large business is hardly a (positive) solution. Jobs for the boys (and girls) seems to be order of the day. The only barometer is the number of Honister advisers who joined PS - no more than a handful.

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Anitaki

Jan 22, 2013 at 10:21

....................... and if the would be recruits asked what the exit strategy is, then asked for confirmation in writing on PS headed paper, l doubt there would be so many (i.e. few) recruits as there has been.

The days of the silver tongued former snake-oil selling recruiter should have been consigned to history by now.

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Bob Donaldson

Jan 22, 2013 at 16:58

As someone who left BA many moons ago, the new CEO goes to a company and then surrounds themselves with nodding donkeys. People they know will support their view and way of working.

Is that right or is it some form on incestuous relationship that exists?

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