Tenet: IFA network boost.

The M&E Network is to join forces with Andover-based Interdependence
Network to form the third largest IFA network group in the country. The
two businesses will continue to operate independently under a new holding
company called Tenet. The new group will employ 140 staff and start with
an annual turnover of over £55m. The combined operation will represent 450
IFA businesses.

AXA Insurance has identified just 200, or so, brokers and
intermediaries for its version of the broker club concept, which

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