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Castle Trust appoints Keith Abercromby as CFO

Castle Trust has appointed Keith Abercromby as chief financial officer.

Abercromby has over 25 years’ experience in insurance, investment and banking. His prior roles include holding the finance director and chief executive positions at Norwich Union Life and Halifax Life. He joins Castle Trust from LV= where he was group finance director.

He will report to Castle Trust CEO Sean Oldfield.

Oldfield says: “Keith brings to Castle Trust over a decade of board level experience in successfully managing multi-billion pound balance sheets and consumer propositions across a range of financial services and will be invaluable in delivering strong outcomes for customers and shareholder alike.”


Heron in bid to fend off Euro BTL rules

Paragon Group director of mortgages John Heron says he is hopeful buy-to-let mortgages will not be included in the European Commission’s mortgage credit directive following a lobbying trip to Brussels. Both the Council of Mortgage Lenders and the Intermediary Mortgage Lenders Association have expressed concerns that the directive, which looks to harmonise mortgage regulation across […]

Government to revise short-service refund rules

The Government will amend short-service refund rules as part of wider reforms to the treatment of small pension pots. In its official response to the call for evidence on the regulatory differences between occupational and workplace pensions, published this week, the Department for Work and Pensions says it is “not convinced” by arguments to maintain […]

Liontrust looks to GEMs

Liontrust chief executive John Ions has targeted an Asian or global emerging markets fund as the first addition to its restructured range. Ions says the firm is intent on adding one or two mainstream offerings to the range before the end of 2011 following its restructure and that those areas are headed for mass growth. […]

US election

Capital Market Notes, November 2016 David Lafferty, chief market strategist at Natixis Global Asset Management, looks at the impact on markets and portfolios since the somewhat surprising outcome of the US election. Click here


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