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Ex-NU chief to lead In Retirement Services

In Retirement Services has appointed former Norwich Union personal finance sales and marketing director Daren Carter as chief executive.

Carter replaces Peter Nelson, who is retiring after 12 years with the company.

IRS chairman Alastair Lyons says: “Daren’s appointment marks the next stage in the company’s development. Our direct sales channel is growing strongly and we have acquired leading distribution partners.

“Our objective is to become the leading provider of specialist equity release advice. Daren’s experience at Norwich Union, combined with the strength of our existing IRS management team, make us uniquely well placed to achieve this.”


Means to an end?

Sam Shaw finds opinion divided on The Money Portal’s move to help advisers transfer from up-front to fund-based commission.

Toisa the appetiser

Money trapped in cash vehicles such as Tessas and Tessa-only Isas will be eligible to be transferred into a tax-efficient equity wrapper for the first time when the Government’s rules to allow cash transfers come in next year.Outlined in the 2007 Finance Bill, from April 5, 2008, investors will be able to transfer any cash […]


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