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Aldermore appoints two new senior commercial lending managers

Aldermore has appointed two new senior commercial lending managers.

Mark Pagett is responsible for managing a team of four lending managers in the Midlands and the North, whereas Peter Owen is responsible for a similar team of four in London and the South.

Both report to managing director for commercial mortgages Rob Lankey.

Pagett joined Aldermore in 2009 as a lending manager and has 25 years banking experience, including spells with the Royal Bank of Scotland, West Bromwich Building Society and Yorkshire Bank.

Owen joined Aldermore last year as a lending manager. He has previously worked for Lloyds TSB, HSBC and West Bromwich Building Society.



FSA fines Barclays £7.7m for advice failings

The FSA has fined Barclays £7.7m for failures relating to the sale of the Aviva global balanced income fund and the global cautious income fund, which were first exposed by Money Marketing in April 2009. The FSA says Barclays is facing a further compensation bill of up to £42m on top of the £17m it […]


FSA warns fund managers over advertisements

The FSA has called on fund managers to ensure their advertisements are clear, fair and not misleading by proposing guidance on financial promotions. The guidance consolidates previous messages issued by the regulator, on its website and in industry updates, into a single document. It includes strict definitions of the types of advertisement that can qualify […]

Freeman-Shor to work on entire Skandia ideas range

Skandia Investment Management has promoted Lee Freeman-Shor to co-portfolio manager across the group’s entire best ideas range. Freeman-Shor, who was co-head of equity research, will work alongside Francois Zagame. Skandia launched its global and UK best ideas funds in 2006. The funds have had mixed returns, with the UK fund currently fourth quartile in the […]

The investment clock

While Trump blazes blond in the political foreground, it’s easy to overlook the economic background to the new political dimension of 2017. Political risk will be a feature of the year: the unpredictable and untested Trump administration has already created uncertainty, which is unlikely to diminish, especially if protectionist rhetoric starts to outweigh promises of […]


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