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Child is new MD at The Exchange

Former chief operating officer David Child is replacing Sue Summers as managing director of The Exchange.

Summers is being promoted to deputy managing director of the life and pensions division.

The move is part of a restructuring of Marlborough Stirling, which will see the business divided into three sections – life and pensions, mortgages and the Exchange.

As a result of the reorganisation executive director of distribution Tony Klim and legal & commercial director Andrew Fritchie have resigned from the board and are leaving the company.


Standard speeds up pension service for intermediaries

Standard Life is offering a new service for intermediaries that will allow them easier access to their clients&#39 group and individual pension scheme details. Intermediaries will have access to a new area of the Standard website where they will be able to order information on an individual client. Standard says advisers will be able to […]

West Brom BS to offer free car with mortgage

West Bromwich Building Society, in association with MG Rover, is offering new Rover 25 cars to customers who take out a &#39Brum Brum&#39 mortgage with the society. The bold marketing move move presents borrowers with a three-door, 1.1 Rover 25, with their Brum Brum mortgage of £90,000 or over. The product will be launched on […]

GMAC- RFC – Self-Cert Unlimited 6.75%

Type: Adverse credit self-certification tracker mortgage with discount Discounted term: Six months Discount: 1% Payable rate: 6.75% Tracker term: Lifetime of loan Tracker rate: 3.75% above Bank of England base rate Minimum loan:£25,001 Maximum loan: Up to 75% of valuation subject to a maximum of £250,000 Income multiples: Up to 3.5 times principle income plus […]

Chirrey joins BAM fixed-interest team

Britannic Asset Management has appointed Jennifer Chirrey as an investment manager within its fixed interest team. Chirrey will join the six-strong credit team which manages Britannic&#39s £6.7bn retail and institutional fixed interest portfolio. Chirrey joins them from Abbey National Asset Managers.

Seeking quality in uncertain markets

By Ewan McAlpine, Senior Client Portfolio Manager In uncertain times, investors naturally seek safety. But in fixed income markets, what does that really mean? Ewan McAlpine outlines the approach RLAM’s Fixed Income Team will be adopting across its credit funds in response to potentially volatile markets this year. Click here for full article


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