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Capita PPML picks Coxell as MD

Capita PPML has appointed former Marlborough Stirling chief executive Graham Coxell as managing director.

At Marlborough Stirling, Coxell was the youngest chief executive of a FTSE 250 company, He was chief executive between September 2000 and March 2003.

Capita PPML was formed by Capita Group’s acquisition of Winterthur Life’s Sipp admin specialist, aiming at opportunities in the Sipp sector in the run-up to A-Day.

Coxell says: “I am delighted to be joining a company with as much potential as Capita PPML. With a career steeped in senior management and having had the opportunity to play a key role in expanding businesses, I hope to make Capita PPML the market leader in the industry.”

Capita Life and Pensions managing director Steve Parkinson says: “We are thrilled that he is joining Capita PPML at a time when he can add real value in shaping the future of the business.”


First Choice appoints new head of corporate business development

Stockport-based First Choice Mortgages has appointed Ray Ronan in the newly created role of head of corporate business development. Ronan will be responsible for managing the broker database, sales, marketing and running the packager arm of the business. He hopes to significantly increase business volumes within the next three years. Previously to joining First Choice, […]

ABI wants to axe indemnity commission

ABI proposals for indemnity commission to be scrappedhave been attacked by Aifa as being a knee-jerk reaction to the Treasury select committee’s criticism of commission. Research carried out for the ABI by Charles River Associates calls for the abolition of indemnity commission, production of annual commission statements for consumers and an equalisation of commission levels […]

Product Matters

The latest capital-protectedcomes from Clerical Medical in the shape of the secure investment plan. To all intents and purposes, it is an open-ended structured product with a five-and a-half-year term with the capital guarantee at maturity.


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