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Clerical Medical revamps sales team

Clerical Medical has announced plans to reorganise its sales arm following the retirement of its sales general manager David Arthur in November.

The sales team will be divided by function into pure sales and business development.

The new dedicated sales arm, headed by assistant general manager sales Graeme Riddoch, will concentrate on building IFA relationships, sales management and the achievement of targets.

The business development arm, headed by assistant general manager business development John Hiew, is responsible for assisting IFAs in the development of their businesses.

Clerical Medical&#39s marketing and sales director John Edwards says: &#34The changes will enable Clerical Medical to develop a more dynamic, customer-focused sales team capable of achieving the ambitious sales targets laid down in our five year business plan.&#34


Bank of Ireland introduces its first Sipp

PENSIONSBank of IrelandType: Full Sipp offering streamlined lending facility and trustee bank account through Bank of Ireland.Minimum investment: None.Administrator: AJ Bell Ltd.Charges: Establishment fee – £250 plus vat. monthly – £30 plus vat.Options: Income drawdown and phased retirement.Commission: 0.25 per cent of cash balances.Tel: 0161 876 8706.

Ernst & Young appoints Winckler

Ernst & Young has appointed Andrew Winckler as chairman of its newly created UK financial services regulatory group.Winckler resigned as chief executive of the SIB/FSA in January this year.Ernst & Young&#39s financial practice managing partner David Cannon says: &#34Regulatory issues are an increasingly critical ingredient of successful business development globally. This group has been created […]

Private Label fixes at 4.99 until 2000

Private LabelFIXED RATE MORTGAGEType: Fixed rate mortgage offering the option to switch into a new two year fixed rate at the end of the term.Fixed term: Until October 31, 2000.Fixed rates: Up to 75 per cent of valuation – 4.99 per cent, up to 95 per cent of valuation – 5.39 per cent.Minimum loan: Purchases […]

ABI in new Y2K database drive

The ABI is urging IFAs to sign up for its Year 2000 database with only an estimated third of intermediaries joining since the May launch.Two thousand IFAs and 133 insurers have provided information on their state of millennium compliance.ABI electronic commerce manager John Kemble says: &#34All the indications are that the industry still has some […]

Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]


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