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All shook up

Change really is afoot at the moment. With the undertones (not the band, sadly) of the RDR dictating advisers every move at the moment, maybe it has prompted changes across the board. Or maybe it’s just that time of year when people look for new opportunities.

There has been a huge shake up in the marketing and communications teams over at Standard Life with head of media relations Scott White heading for Martin Currie at the end of the month, life and pensions spokesman Peter Timberlake off to pastures new and UK managing director, marketing Barry O’Dwyer also leaving. O’Dwyer will join HBOS Financial Services next month.

The reshuffle makes you wonder whether there is a more severe shift in communications strategy at Standard, rather than the stated morphing of divisional roles as the firm’s UK businesses of savings and investments, pensions and healthcare become more aligned.

Elsewhere, Positive Solutions has appointed Paul Rignall as mortgage manager. Rignall was previously at Sesame and St James’s Place after a 23-year long stint at Zurich.

Trigold chief executive Bill Safran is leaving to pursue other interests. He is as yet unsure whether he will stick to mortgages or look elsewhere, but emphatically says it was time to move on.

With a kind invite to his leaving drinks, also involving ten pin bowling, I hope the night is not sabotaged in the same manner as MM’s last sporting event with Safran. Apparently MM’s table football supremes were wiping the floor of the competition but were dumped out after some shenanigans with the points system involving the Trigold boys.

Former Park Row chief Tim Newman’s new network kicks off this week with Newman saying Sense will offer “autonomy and prudence” with Intelliflo providing the technology and threesixty giving compliance support. He reckons networks are on the up in light of the RDR, but that debate will run and run, with the proof being in the pudding.

With flexibility and choice being primary draws for advisers, it seems to be the case that those organisations offering as broad a church as possible might come out on top rather than the traditional black and white network vs support service provider battle.


Planners need more than exams

I must take issue with Julie Lord’s article in last week’s Money Marketing and the utter nonsense she spouts regarding chartered v certified financial planner status. If I were starting now, I know which route I would take to achieve professional level and that would be the easiest. I could, from scratch, become certified in […]

Victoria Mortgages unable to find buyer, 50 staff to be made redundant

Victoria Mortgages’ administrator KPMG says it has been unable to find a buyer for the lender.A spokesman for KPMG says as a result 50 of Victoria’s staff will be made redundant, with only five employees remaining.This comes after the administrator said it would be finalising buyer talks over the weekend.It says that it is still […]

The changing world of professional connections

The Legal Services Act of 2007, which opened up the legal market to competition, has put the cat among the professional pigeons. In the words of a 2015 Law Society report on what the legal profession is likely to look like in five years’ time: “Business as usual is not an option for many, if […]


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