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 […]
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
When Selectapension stopped executing defined benefit pension transfer advice last year, eyes quickly turned to its key partner firm: CFPML. A previously unknown entity, the FCA reviewed CFPML as part of its work, and a little big of digging from Money Marketing uncovered it was actually a two-man band advice firm just down the road from […]
The end of the “boom” in pension transfers could be in sight, consultancy the Lang Cat predicts. The Lang Cat has published its latest platform market scorecard, which found pension gross inflows to platforms dropped 16 per cent in the first quarter of 2018 when compared to the fourth quarter of 2017. This was compared to […]