Finance director Craig Butcher and non-executive director Kevin Higginson are also leaving in the latest in a string of high-profile departures. Former network division chief executive Richard Howells left in August after two years and ex-group chief executive Stephen Ingledew left in March after four years. Jim Gaskin stepped down as non-executive director in February 2002 after a short spell on the board.Lockyer says: “The way that Bill wanted the company to be run differed significantly from the rest of the board.He has come from a huge organisation and we are a small IFA, which I think caused the difference of opinion. We have little money to spend while he is used to clicking his fingers and millions being produced. Harmony prevailed in the end although all parties are disappointed.”
Secure Mortgages has taken on board the talents of ex-Wolves goal machine Steve Bull to unveil its new financial services shop in Wolverhampton.
Derbyshire Building Society is increasing its product range, becoming the latest corporate introducer to work with national broker Mortgage Force. The deal, available through all 53 of their branches and online, increases the number of mortgages approved for Derbyshire customers, benefiting those who may face difficulty getting a mortgage due to poor credit rating or […]
Non-conforming lender Mortgages plc believes the challenges to innovation posed by regulation will see lenders bounce back with some interesting products and it has its own range lined up, including plans for affordability-based lending.
Scottish Widows and Clerical Medical will write to thousands of their with-profits policyholders this year for the first time informing them of upcoming MVR-free windows.
By James Dowey, chief economist & CIO at Neptune WHATEVER HAPPENED TO THE GOOD OLD DAYS OF CHUGGING ALONG AT 3 PER CENT A YEAR? That was the average rate of real economic growth in the advanced world from the end of the Second World War until the late 2000s. Despite all of the recessions and social changes […]
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HM Revenue & Customs has published guidance on how new income tax bands in Scotland will affect pension schemes and their members. The note is a response to the Scottish Government’s confirmation it will introduce five income tax bands for 2018/19. Pension savers in Scotland currently receive pension tax relief at their marginal rate but […]
SimplyBiz Group is considering an initial public offering of £150m on the London Stock Exchange. According to a Reuters report, the potential float could value the company between £140m and £155m and is expected to raise £30m of new money. SimplyBiz joint group chief executive Matt Timmins confirms the business has recently appointed Zeus Capital as […]
Brewin Dolphin has been ranked the preferred DFM in a Money Marketing survey of advisers and paraplanners, well ahead of the next most favoured, Quilter Cheviot. Thirty-three per cent of respondents listed the business as their preferred DFM, followed by 10.2 per cent responding in favour of Quilter Cheviot. LGT Vestra, Brooks Macdonald and Parmenion […]