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Ageas appoints operations director

Ageas Protect has appointed Peter Thomas as operations director.

Ageas says Thomas will be responsible for leading a team of around 150 people and developing operational systems.

Prior to Ageas, Thomas’ most recent role was as a consultant with DHP Consulting between May and December 2012.

Before DHP he was Capita Life regional managing director between July 2008 and December 2011.

Ageas Protect managing director Darren Spriggs says: “Peter has an outstanding track record for running and developing e-business operations.”


Lloyds boosts pre-tax profit to £2bn

Lloyds Banking Group has posted a statutory pre-tax profit of £2.04bn for the first quarter of 2013, up from £280m in the same period in 2012. LBG says its sale of St James’s Place shares contributed towards an increase in underlying income of 3 per cent to £4.9bn, up from £4.7bn in 2012. Lloyds sold […]

Architas creates two new roles in advice push

Architas has created two new roles as it seeks to grow its risk-profiled fund offering through advisers. Philippe Broadhead has been hired as head of institutional and wholesale distribution and Daniel Haylett as an intermediary business development manager. Broadhead joins Architas from the asset management arm of Union Bancaire Privee, a Swiss private bank where he was head […]


FCA: No evidence of widespread misselling of interest-only loans

The Financial Conduct Authority says there is no evidence of widespread misselling of interest-only mortgages after research shows just 13 per cent of borrowers say they did not know they needed a repayment plan when they took out their loan.  The regulator has spent the last year conducting a thematic review on interest-only mortgages to […]

Protecting long-term savings from short-term policy

By Jamie Clark, Business Development Manager The pensions revolution is almost upon us. As with any revolution, there will be winners and losers. The winners in this case could presumably be the politicians that orchestrated pensions freedom and choice just before the general election. As for the losers, there may be many thousands of people […]


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