Mark Graves forms Aux Group

In March, we reported on the launch of Auxilium Partnership, a protection sales support service for intermediaries. The Auxilium Partnership CEO has today announced plans that he has said will "reinvigorate" the mortgage protection advice market. It involves the creation of Aux Group, majority-owned by AIM-listed firm The Property Franchise Group. Graves, who will serve as the entity's director, said Aux Group will invest in and acquire mortgage businesses in order to focus on making protection...