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Ferrans now in the chair at the IMA

Douglas Ferrans has taken over as chairman of the Investment Management Association. Invesco CIO and senior MD Bob Yerbury becomes deputy chairman and Schroders CIO Alan Brown joins the board.

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Kelsall to replace Standard marketing chief Gillespie

Standard Life marketing director Andrew Gillespie left the firm last week and will be replaced by Bruce Kelsall. Standard has also appointed Ronnie Taylor as director of intermediary partner propositions, taking over responsibility for its platform from Geoff Towers. Towers is focusing on his role as marketing director for Standard’s established affluent client base. He […]

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Condemned structures

It is interesting to note that as we enter a new decade one of the biggest-selling products (and the banks are the biggest purveyors) are derivative income products. You know the rubbish that everyone has been selling for 12 years that has been missold, not delivered the goods but the commission is high. I cannot […]

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Mortgage Times’ reps slam directors over new venture

Former appointed representatives of Mortgage Times have hit out at company directors Chris May and Paul Carmody for setting up a new financial planning venture on the same premises as the defunct network. Carmody & May has yet to be registered at Companies House and is not yet authorised by the FSA. However, its website […]

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