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Comms role for Murray in big reshuffle

A week of resignations, retirements and appointments at the FSA has seen former journalist John Murray take the helm of the regulator’s communication team.

The appointment of Murray as communications director came in a week that also saw the departure of three lead- ing members of the regula- tory body. Murray’s role is newly created from the for- mer division of people and communications.

Major retail groups director Oliver Page is retiring at the end of April.

Page has been with the FSA since its creation in 1998 and also held the post of financial stability sector leader. He will be succeeded by former retail firms director David Strachan. Sarah Wilson will take over from Strachan from February 1 and starts her role as insurance sector leader in April.

Head of mortgages and credit unions Andy Watson, who is best known as the regulator’s spokesman throughout the introduction of mortgage regulation left the FSA this week.

A replacement is yet to be announced and Watson was unavailable for comment.

David Baker is joining Pearl Group from the FSA in April as director of business transformation.

Baker has been working on closed life funds for the regulator since 2003.


US giant MetLife set for UK move

US insurer MetLife is set to follow American rival Hart-ford Life into the UK market with onshore and offshore investment bonds and a Sipp product. MetLife is preparing a move into the UK by the second quarter. The firm is lining up a series of external fund links for its bond offerings and is in […]

Ship reveals 2005 equity release figures

Ship has revealed an increase in home reversion business but a softening of lifetime mortgage sales. Figures released today by the body show the total value of new business written in Q4 2005 was 297.6m, contributing to a total new business figure of 1.1bn for the hole of 2005. The value of written lifetime mortgage […]

Equity release sales growing, says CML

Equity release lending grew by 3% in the last three months of 2005, according to CML data published.Lending in the final quarter was worth 282m, compared to 273 million in the preceding three months. In the second half of 2005, when the market is usually stronger, equity release lending was 13% higher than in the […]

IHT: What were you doing in 2009?

One of the best sources of new business is your existing clients and, if they are estate planning clients, regular reviews are needed because people’s inheritance tax (IHT) problems tend to only get worse. Now, not a lot of things remain at the same rate as in 2009. If we turn the clock back, it […]


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