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Avelo poaches Intelliflo head of business development

Avelo intermediary sales director Andy Watts has left the firm and is replaced by Intelliflo director of business development Sophie Hall.

Watts stepped down from the role last week with Avelo saying he has left to pursue alternative opportunities. Sophie Hall becomes head of intermediary which will incorporate Watts’ duties.

Avelo commercial director Simon Bradley says: “Sophie Hall joins Avelo as head of intermediary, a role which will see her lead the intermediary sales and account management team, with particular focus on Adviser Office, Avelo Web Solutions and Officeweb.”


Lords attack FTT as unworkable and damaging to growth

A financial transaction tax is unworkable, would push firms to relocate outside the EU and could undermine economic growth, according to a report from a House of Lords committee. The European Commission’s proposal, announced in September, would see a 0.1 per cent charge on stock and bond trading and 0.01 per cent on derivatives contracts. […]

Nationwide expands NewBuy to smaller builders

Nationwide has launched a scheme to allow smaller builders to offer NewBuy who on their own are unable to hit the minimum amount of properties needed to qualify for the scheme. On March 12 when Nationwide first launched its NewBuy proposition it had agreements with six building firms – Barratt Developments, Taylor Wimpy Homes, Persimmon […]

Call to action

SVRs are rising and intermediaries are primed to shake up the market and root out the best deals for borrowers that cannot afford to remain apathetic, says David Finlay, intermediary managing director at Barclays


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