At a time when many businesses are still struggling to cope with
the slow economic climate, financial services specialists, Oviso
have announced exciting plans for expansion.
Oviso, based on Queen Street, in the heart of Derby's Cathedral
Quarter, is planning to recruit additional financial advisers and
take on more office space before the end of the year.
As one of the region's only dedicated business protection
companies, Oviso has experienced unparalleled growth over the past
18 months, as many businesses continue to restructure and reduce
the size of their staff, leaving their key personnel more valuable
to the business than ever before.
Oviso has also benefited from being the city's only high street
independent financial services company.
Commenting on the company's expansion plans, Sarah Fullaway,
director of Oviso, said:
"In the current climate, we are very fortunate to be able to
push-ahead with our planned expansion; the first step is to recruit
additional advisers to keep pace with the increasing demands for
our services - once these are in place, we will start the search
for additional office later in the year.
"We're in a unique position in the market and continue to
receive a significant amount of business from other professionals
who are more comfortable working with a specialist rather than a
generalist."
Changes are afoot in the financial services market and
recommendations put forward in the Retail Distribution Review
(RDR), carried out by the Financial Services Authority (FSA) as a
key part of consumer protection strategy, are to be enforced.
The changes, which come into force in December 2012, demonstrate
that the FSA is looking for clarity over the provision of financial
advice and a move towards the industry becoming more
specialised.
Sarah added:
"Whilst Oviso will not be affected as we do not offer retail
investment, we believe that this will provide us with the platform
to demonstrate our expertise - in a financial service market which
is under more and more pressure to specialise rather than trade as
generalist IFAs.
With more than 35 years' industry experience, Oviso is the only
financial advisor in Derby to have a high street presence. Business
Oviso specialises in commercial finance, key man cover, shareholder
protection, business loan protection and business insurance.