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Clydesdale Bank International MD resigns

Guernsey-based Clydesdale Bank International managing director James Blower has resigned after more than four years running the bank.

Blower notified the bank of his decision to leave in December and has been replaced by former Yorkshire Guernsey Limited managing director Peter Symes.

A Clydesdale Bank International spokesman says: “We can confirm that James Blower has resigned as managing director of Clydesdale Bank International, and we would like to thank him for his efforts and wish him well in the future. Succeeding him is Peter Symes, former managing director of Yorkshire Building Society’s Guernsey operations – Yorkshire Guernsey Ltd.”

Clydesdale Bank International was launched in April 2009.


Aviva to sell 19% stake in Delta Lloyd

Aviva is selling its remaining 19.4 per cent stake in financial services provider Delta Lloyd. The insurer says the move is consistent with its strategy of narrowing its focus to fewer areas and building financial strength. It says the move will increase the firm’s liquidity and strengthen its balance sheet. The 34.3m shares Aviva owns […]


Govt mid-term review: Questions remain over pension and LTC reforms

The much anticipated coalition Government mid-term review has failed to shed any fresh light on plans for the second half of the parliament. The Government reiterated its plans to reform the state pension system, reform long-term care funding and ringfence UK banks’ retail arms, but failed to give any fresh details. The review was unveiled […]


Labour plans pension tax relief cut to pay for job schemes

Labour will today unveil proposals to cut tax relief on pension contributions for the highest rate taxpayers to 20 per cent to fund a £1bn compulsory job scheme for the long-term unemployed. According to the Financial Times, shadow chancellor Ed Balls will announce the plans later today, which would limit tax relief on pension contributions […]


Sifa extends membership to ‘restricted whole of market’ advisers

Sifa, the trade body and support provider for solicitor IFAs, is to open up its membership to “restricted whole of market” advisers. As a result of the move Sifa, which was acquired by support services firm SimplyBiz in August 2011, will replace its strapline of “Solicitors Independent Financial Advice” with “Supporting Impartial Financial Advice”. Sifa […]

Why your clients need some tough love

In any relationship that matters, professional or personal, you should be upfront with someone if you think they’re making a decision or doing something they might later regret. Being honest with someone and having their best interests at heart, however hard the message, is key to building trust in any relationship. So how does this […]


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