Thursday, July 9, 2020

Two new appointments support The RU Group’s continued expansion

Independent financial planning and wealth management company, The RU Group, has made two new appointments at its Nottingham headquarters.

Continuing their careers within the wealth management and financial planning industry, Kai Nuthall and Updesh Bhogal join the Group’s specialist pension division, Channack Ross Ltd, as SSAS Administrators.

Both Kai and Updesh will work closely with the existing Channack Ross team which manages a business book of Small Self-Administered Pension Schemes (SSAS) aimed at business owners as a means to making the most of their retirement plans in conjunction with their companies.

Ian Browne, Head of Advice at The RU Group, said: “As a result of our growth throughout 2019, we are continuing to invest in our staff at all levels, from experienced IFAs to the region’s brightest graduates, apprentices and young people at the beginning of their careers in finance. Kai and Updesh impressed us at interview and the team are looking forward to working with and supporting them as they embark on their career with us.”

The new appointments, along with continued investment in IT and software, will enable The RU Group to meet the growing demand for its range of services. The company continues to attract new clients and, in the last financial year, its turnover increased by almost 10% to £5.8 million. Profits before tax also increased by 17% from the previous financial year. Currently, The RU Group has over £500 million in private wealth under management in its model portfolios and investment propositions.

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