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Another Towry man for Wentworth

IFA retirement specialist firm Wentworth Rose has appointed Malcolm Thomas as head of pensions, the second recruit from Towry Law in the last month. Thomas joined Hogg Robinson in 1994 and moved to Towry last year as sales manager leading its retirement advice teams. Towry is requiring board director Tudor Taylor to honour his contract until June next year when he will become Wentworth Rose managing director.

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The trial…

The trial of a colleague and an associate of cross-dressing fund manager Peter Young opened at Kingston Crown Court on Monday and is expected to last at least six months.Former Morgan Grenfell fund manager Stewart Armer and Norwegian stockbroker Erik Langaker are facing charges of conspiracy to defraud and breaching the UK Financial Services Act.A […]

TMB unveiling redesigned site

Specialist lender The Mortgage Business has relaunched its intermediary website at www.t-m-b.co.uk.The site, which is being relaunched at a Money Marketing IFA UK roadshow this month, displays the latest rates on all TMB&#39s mortgage products and payment protection products including self-certification, buy-to-let and flexible mortgages.It has a news page, downloadable application forms, information on the […]

TMB shows it cares

The Mortgage Business has revamped its mortgage care accident,sickness and unemployment (ASU) mortgage protection plan.The plan offers three levels of cover — gold, silver andbronze — and each of these have different deferredperiods. Bronze is the lowest level of cover and has a 45-day deferredperiod. Silver has a 30-day deferred period and gold is the […]

Keeping up on drawdown

Regulatory changes could soon be in line for income drawdown which makes heavy demands on the expertise of IFAs, requiring knowledge of tax and investment strategy as well as retirement products.The FSA allows IFAs to advise on drawdown as long as they have FPC3. But other complex areas of advice such as pension transfers are […]

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