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Britannic appoints Thompson as group finance director

Britannic Group has announced the appointment of Paul Thompson as group finance director. Thompson, whose appointment takes effect as of December 1, joins from Merrill Lynch where he has been managing director of its Financial Institutions Group since 1997. He replaces Bryan Portman who was promoted to group managing director in September.

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Regulation will cut mortgage advisers by a third, says Pru

The number of tied mortgage advisers will fall by almost a third when full mortgage regulation is introduced as they shift to offering a wide range of loans, says Prudential.Prudential Premier Mortgage Club national manager John Malone, predicting the shape of the market after the onset of FSA regulation in October 2004, says the proportion […]

Groupama gets wise with cashwise

Groupama Insurances has brought out a healthcare cash plan for individuals and smaller and medium-sized companies that are looking for a cheaper alternative to private medical insurance (PMI).Cashwise has three levels of cover and provides cash benefits for routine healthcare expenses. Monthly premiums range from £9.80 to £20.30 for single cover and from £17.50 to […]

Aberdeen in corporate shake-up

Aberdeen Asset Management has revealed plans to restructure its board which will see the size of the board reduced from the current 18 to 11 and the creation of a separate executive management committee.Effective immediately, the seven strong committee will be established and led by chief executive Martin Gilbert. It will assume responsibility for running […]

IMA holds two-day seminar on investment

The Investment Management Association is holding a two-day conference on the issues facing the investment industry at the Cafe Royal in London on November 4 and 5.The conference will be split between institutional and retail asset management and will include topics such as the creation of a single European market in financial services and the […]

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