Press Release - Chartwell announces launch of Chartwell Healthcare

Chartwell Group Limited ("Chartwell"), the IFA and broker firm, today announced the launch of Chartwell Healthcare.  This new business brings together an experienced and knowledgeable team of healthcare advisers devoted to Private Medical Insurance (PMI).  Chartwell Healthcare will advise both individuals and entire businesses to protect their most precious assets.

Gary Noble will lead a dynamic team of 10 healthcare advisers with strong business targets and objectives.  It is anticipated that the team, based in Bristol, will grow to around 30 staff by the end of 2008, in part due to the complementary nature of the business to the existing advisory firm and the continued growth in the PMI sector.

Chartwell Healthcare is an expert in the provision of tailored products and services to meet the different needs of corporate clients and high net worth individuals, committed to helping individuals find the right healthcare products to meet their specific needs.  By utilising a specialist healthcare adviser, companies can not only save money but also provide better healthcare to their employees, making them happier and healthier.

Gary Noble, Managing Director of Chartwell Healthcare said:

"PMI isn’t a luxury, perk or novelty, it is a sound investment for both individuals and corporates, and providers must understand how to strike the critical balance between cover and cost. Our proposition is based on top level service. We will take the time to understand our clients’ needs and budgets to create a tailored plan, reviewed regularly to take changing circumstances into account. Being part of the Chartwell Group means that we can service the wellbeing of clients as part of their holistic financial planning and I am thrilled to be establishing Chartwell Healthcare."

As an independent PMI broker, Chartwell Healthcare looks at the whole of market to ensure that customers are treated fairly, ensuring the wellbeing of both the individual and their finances. In addition to protection, Chartwell Healthcare clients will be offered long-term support and advice at no extra cost.

Jim Grant, CEO of Chartwell Group, said:

"We are an ambitious firm with a strategic vision and are always looking to provide additional services to clients, be they individuals or corporates.  Healthcare is an area that is growing in demand, especially for independent advice that can save money but also provide high levels of cover.  Gary is an acknowledged leader in the healthcare sector and so was a perfect choice to head up this new business.  He believes in wellbeing and an holistic approach and so fits the Chartwell values and culture perfectly."

Chartwell is a firm of independent professional investment advisers headquartered in Bath.  The firm was established to help both private and business clients organise and plan their financial affairs.   Chartwell provides financial planning and advice, a discount brokerage service, online investment management tools to investors wishing to manage their own investments and its own externally-managed funds.

Advisory firm Cavendish Grant, founded by CEO Jim Grant, acquired Chartwell in November 2005 and re-branded to Chartwell in June 2007.  It then acquired Broadoak in October of last year.  The firm will now operate across six main business lines - Chartwell Private Client for financial advice, Chartwell Fund Management, Chartwell Healthcare, Chartwell - theinvestorcentre.com, Chartwell Annuity Centre, and Chartwell Funding, an independent mortgage brokerage.

For further information please contact:

Gary Noble, 0117 9171892

Photographs are available on request by contacting the number above.