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Churchill is stepping down as ZFS life chief

Zurich Financial Services chief executive Lawrence Churchill is stepping down from his role as head of UK, Ireland and International Life businesses following a revamp of its management structure.

He is being replaced temporarily by Global Life Insurance Businesses chief executive Paul van de Geijn until ZFS appoints a successor, who is believed to be former Zurich Advice Network marketing director Kevin Ronaldson.

Ronaldson, along with ZAN finance director Steve Colsell, is heading the steering group designing the new-look Zurich UK advice operation which could come under the command of Churchill&#39s successor. ZFS intends to multi-tie its entire distribution business following depolarisation.

Churchill had been in charge of ZFS&#39 UK, Ireland and international businesses for just 18 months. He joined in November 2002 from Unum Provident. ZFS says there will be a brief transition period before he is permanently replaced.


Regulation may do more harm than good to the public, says Goodfellow

Outgoing Building Societies Association chairman John Goodfellow, who is also the chief executive of Skipton Building Society, has warned that the regulation of mortgages could be introduced at the detriment of consumers. In his final speech as the chairman of the association last week, Goodfellow called for vigilance by the Government, regulators and the mortgage […]

Supply and demand boosts market

The housing market continued to display its strength in April, with brokers left unsurprised by the house price indices for the month. London & Country mortgage specialist David Hollingworth says: “The trend is continuing in much the same manner as in recent months. “The market has kickstarted again from the start of the year so […]

Key Retirement points to equity release boom

Specialist intermediary Key Retirement Solutions estimates that the number of consumers entering the equity release market rose by 36 per cent last year and it expects this trend to continue. The report says that as people see a continued fall in their income post-retirement and a rise in the cost of living, equity release will […]

Standard Life in Sigma deal with Co-op Bank Financial Advisers

Standard Life has signed a distribution deal with Co-operative Bank Financial Advisers that will give the firm&#39s intermediaries access to the 25 funds in its Sigma range. The agreement follows a similar deal with Bradford & Bingley last month. Standard Life spokesman Allan MacLean says: “We believe Sigma&#39s combination of investment flexibility, value for money […]

Graphic content – December; the countries most exposed to a rise in protectionism

President-elect Trump has suggested withdrawing from the North American Free Trade Agreement (NAFTA) and ending negotiations over the Trans-Pacific Partnership (TPP), albeit there is considerable uncertainty over what he will, or even can, do. If one of the main consequences of the election of Donald Trump is US protectionism, it’s worth considering who stands to […]


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