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Crown Mortgage Management hires new finance director

Mortgage servicer Crown Mortgage Management has appointed Andrew Doyle as its new finance director.

Doyle is responsible for finance, compliance and human resources and manages a 30-strong team. He reports to chief executive Eric Stoclet. .

He has over 25 years experience in financial services, having previously worked at Towergate Financial, Royal & Sun Alliance and Aviva.

Stoclet says: “In the last 12 months we have completely revolutionised Crown.  We have shaken up the marketing function. We have improved our cash management and we have strengthened our board. We are already seeing results – we have been upgraded by Fitch.  Hiring Andrew is the icing on the cake.”


FSA should not decide on lending past retirement

John Charcol senior technical manager Ray Boulger is calling on the FSA to be less prescriptive over lenders grant- ing a mortgage to borrowers where the loan extends past the state pension. In a consultation paper published last June, the regulator said lenders should consider an applicant’s ability to repay at the outset of the […]

Regulator gets tough on with-profits loss-leaders

The FSA is looking to crack down on insurers writing loss-leading new business amid concerns that policyholders could suffer. In a consultation paper published last week called Protecting With-profits Policyholders, the regulator outlines plans to force insurers to demonstrate that writing new with-profits business will not adversely affect policyholders’ interests. It proposes requiring companies to […]

China’s economic bounce may already be over

By Mike Riddell (17 May 2016) Most people would explain the rally in global risky assets since mid-February as being primarily down to the spectacular volte-face from the Federal Reserve, where Janet Yellen (and others) dramatically toned down their narrative that the Fed would be hiking rates as many as four times in 2016. This explanation […]


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