Former HBOS chief operating officer Phil Jenks has joined the board of mortgage asset manager Exact. Jenks will be a non-executive director overseeing corporate governance and chairman of Exact’s risk committee.
Thoughts of pensions may have been put on the back-burner for many people, given the economic turmoil and rising unemployment. Spare cash is at a premium for many households, with getting by day to day the order of the day rather than planning for those retirement years.
Tenet has welcomed the FSA’s willingness to recognise both the value and potential risk of losing experienced advisers following its proposal to introduce QCF level four work-based assessments. The group believes that this is a positive and pragmatic approach, even though the detail is still vague at this time.
I heard an oxymoronic gem from a fellow Gooner in Azerbaijan last week ahead of the Europa League final. “Keep your wits about you, lads,” he said. “The police here will just grab you and throw you in the cells. They don’t take no prisoners!” The fan’s concern for his compatriots was great but his articulation […]
Investors from collapsed wealth manager Greyfriars Asset Management should be able to get some type of compensation, say administrators Smith & Williamson. Greyfriars went into liquidation in October 2018 when Smith & Williamson were appointed as joint administrators to the troubled provider. A six-month progress report published on Companies House sheds light on how the administration work […]
Aviva has confirmed there are no plans to split its UK business in two parts despite talks last month of a shake-up under new chief executive Maurice Tulloch. The Financial Times reported in May that the life insurance and non-life insurance parts of the UK operation could be split in a bid to re-energise the […]