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Churchill to leave Zurich

Lawrence Churchill is stepping down as chief executive officer of Zurich Financial Services UK, Ireland and international life business.

Until a replacement is found his responsibilities will be covered by Zurich chief executive, global life insurance business Paul van de Geijn.

Van de Geijn says: “I thank Lawrence for his leadership at an important juncture in the turnaround of the life business and wish him well in his personal and professional future.”


Kenmir says FSA stands by promise to IFAs

The FSA should be taken to task if it tries to place a retrospective review on IFAs,says managing director David Kenmir. Speaking at the Money Marketing IFA round table last week, Kenmir said it would stand by its promise to deal with IFAs on the basis of the standards current at the time that the […]

BBB issues trading statement

Berkeley Berry Birch has released a trading statement saying for the year ending March 31, 2004 its results have been in line with market expectations. Based on unaudited management accounts, the listed IFA has reported an operating profit in both the months of February and March, achieved one month ahead of expectations. The trading update […]

Star Japan manager to leave Framlington

Star Japan fund manager David Mitchinson is to leave Framlington to join J P Morgan Fleming in a shock departure. Mitchinson, 27, is manager of the highly successful Framlington Japan fund. It has been the number one fund in the Japan sector, with IFAs saying not only has it topped the performance tables, but has […]

Prime example from GMAC

GMAC-RFC Status Near Prime 4.85% Type: Adverse credit tracker mortgage with discount Discounted term: Six months Discount: 1% Payable rate: 4.85% Tracker term: Lifetime of loan Tracker rate: 1.85% above Bank of England base rate Minimum loan:£25,001 Maximum loan: Up to 90% of valuation subject to a maximum of £250,000 Income multiples: Up to 90% […]


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