View more on these topics

Burden retires from C&G after 34 years

Cheltenham & Gloucester managing director Roger Burden is to retire at the end of April after 34 years at the company.

He will be replaced by Jon Pain, who is currently MD at LloydsTSB&#39s general insurance arm. Burden, who was appointed MD in 1997, grew C&G&#39s assets to £58bn at the end of last year from £20bn at the start of his tenure.

He is planning to continue his involvement with the group as chairman of the C&G board, taking over from Alan Moore, who will be retiring in April.

Burden plans to spend more time on his football activities as an FA director and chairman of Gloucester Football Club.

He says: “I will miss my daily contact with C&G staff, who really make the company what it is. It is a very special company highly regarded in all quarters. I hand over the mantle of succession to a very able group colleague, who I am sure will lead C&G to even more success.”

Recommended

Out of context

•”I&#39ve been Bob the builder for the past few months but I can&#39t sell my house so I&#39m having to move into it.” -M2 Financial&#39s Mark Howard.•”I have never had the desire to fondle a waxwork.” – Whitechurch Securities chairman Kean Seager on colleague Ian McIvor&#39s fondness for Kylie&#39s Madame Tussauds double.•”I was like a […]

National Savings goes for growth

National Savings and Investments has introduced the fourth issue of its guaranteed equity bond. The bond is linked to the FTSE 100 index for a five-year term and offers 100 per cent capital protection, whatever happens to the index during that period. If the index increases by up to 60 per cent, investors get all […]

Hillman Imp

Enough of trashing IFAs in Coronation Street, says Torquil Clark&#39s Don Clark. Twenty million viewers tuned into evil IFA Richard Hillman&#39s murder confession to his wife Gail, with tricky Dicky claiming that killing elderly women is a good solution to the pension crisis.Our Don is starting a campaign for Granada to introduce a good IFA […]

ScotProv raises CI rates again

Protection specialist Scottish Provident is raising its critical-illness cover rates for the second time in three months with premiums going up by as much as 25 per cent from next week.The hike follows a “major increase” in December which saw all of the company&#39s CI rates go up by an average of 25 per cent. […]

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com