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Darby on gardening leave but may join Charcol next year

Bradford & Bingley commercial director Ian Darby is understood to be on gardening leave from B&B with the possibility of joining Charcol next year.

Charcol says Darby’s contract means he is not allowed to work for them for a while, but revealed this could happen at some point next year.

Senior technical manager Ray Boulger says: “Ian’s contract means he is not allowed to do anything for a while but whether this will still be the case some time next year I don’t know.”


A consumer’s view

The almost wilful refusal of the vast majority of the public to learn about and take an interest in their financial aff-airs must be a continuing cause for concern for IFAs who have to advise them, and the regulator, charged with the unenviable task of educating the general public about money matters.

FSA to investigate impact of regulation on smaller firms

Today’s publication of the N2+2 review saw the FSA acknowledge the impact the cost of regulation can have on smaller firms.The FSA says it is developing a project to investigate this, in partnership with the Financial Services Practitioner Panel.FSA chairman Callum McCarthy says: “”A key question for us is: what can we do to reduce […]

Leeds & Holbeck new BTL mortgage

Leeds & Holbeck Building Society is launching a five year buy to let mortgage aimed specifically at existing landlords wishing to remortgage existing properties in their portfolio.The loan tracks Bank of England base rate plus 1 per cent, making the current rate 5.75 per cent. It comes with a free valuation and free use of […]

Industry under fire over pension freedoms

By Jamie Clark, Business Development Manager, Royal London Recent articles in the media have raised concerns about the new pension freedoms. One perceived problem is that across the industry, trustees and providers are not necessarily allowing people to take full advantage of the pension freedoms in situ. This is backed up by a recent survey by […]


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