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Coventry appoints former Yorkshire director

Coventry Building Society has appointed former Yorkshire Building Society finance director Andrew Pearce as a new non-executive director. Pearce is a chartered accountant with more than 30 years of experience in the industry and previously worked at KPMG with national responsibility for its building society clients.

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Morley appoints new SRI team member

Morley Fund Management is appointing Julian Murray to its socially responsible investment team to take responibility for the management of the Norwich Union Sustainable Future Global Growth Fund.Murray joins from Deutsche Asset Management where he worked on the global strategy team after a spell as a fund manager in the Japan team at Deutsche.Morley Fund […]

Axa investing £35m in back office system

Axa Sun Life is investing £35m in a new back office system from software provider Marlborough Stirling to be developed over the next four years.The investment is part of a major Axa initiative to re-engineer its business to offer better service to both customers and IFAs, and operate with lower costs. The system will handle […]

Mortgage Next adds to growing buy-to-let market

Mortgage Next has joined forces with Mortgage Express to introduce the buy-to-let five-year fixed mortgage.The mortgage has a fixed rate of 6.35 per cent for loans of up to 80 per cent of valuation until June 3, 2006. It is available for borrowers who already have their own property but who now want to buy […]

ScotProv in Abbey takeover vote

Scottish Provident members will be asked to vote at an extraordinary general meeting today to decide whether to accept Abbey National&#39s £2.1bn takeover bid.For the bid to be accepted 75 per cent of the members voting must vote in favour of it going through.Scottish Provident could confirm how many of its 440,000 members are expected […]

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