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Former B&B commercial director joins HML

Andy Wiggans, the former commercial director at Bradford & Bingley, has joined mortgage outsourcing firm HML as its chief commercial officer.

He replaces Ian Cornelius who recently moved to HML’s parent group Skipton Building Society.

With over 20 years of experience in financial services, before B&B Wiggans worked at HBOS and Cornerstone Estate Agents and will assume responsibility for HML’s sales, marketing and client relations teams as the organisation pursues growth.

When B&B was absorbed by the government Wiggans became commercial director at UKAR, the state-backed institution charged with running down £80bn of assets originating from the nationalised parts of B&B and Northern Rock. 

HML chief executive Andrew Jones says: “I’m pleased to have someone of Wiggans’s calibre in the market on board. He brings proven commercial focus to our client and prospect disciplines and his value-led approach will resonate with our business partners.”


Transact tops The Platforum Q1 leaderboard

Transact has topped The Platforum leaderboard for the first quarter of 2012, with Skandia in second place and Standard Life in third. Nucleus came in at fourth place and Axa Elevate rounded off the top five (see table below). The leaderboard, published this week, examines platforms’ overall performance in terms of financial strength, percentage increase […]

Nationwide’s gross lending up 44%

Nationwide increased its gross lending by 44 per cent in the twelve months to April 4, 2012, to reach £18.4bn, up from £12.8bn in 2011. It helped over 24,000 first-time buyers during the year, a 9 per cent increase on last year . Group residential mortgage accounts more than three months in arrears were 0.73 per […]

FTSE up almost 2% at close

The FTSE 100 has risen by almost 2 per cent on Tuesday as the blue-chip index continues to bounce back after concerns over Greece and Spain unnerved markets. At close, the FTSE 100 was up 1.86 per cent to stand at 5403.28. The German Dax and the French Cac 40 were up 1.7 and 1.9 […]


Sifa: Crunch time for SRA over IFA solicitor referrals

Guidance issued by the Solicitors Regulation Authority in July 2009 makes clear that when solicitors refer clients to financial advisers, such referrals must be confined to Independent Financial Advisers. The guidance reads: “The SRA is aware that some law firms have been approached by multi-tied and tied advisers seeking to enter into restrictive arrangements to […]


Neptune video: UK economy: a sustainable recovery?

After years of a slowly brewing economic recovery, the UK has seen a strong rise in growth in recent months. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses the strength of this recovery and whether it is sustainable.

In the video, Martin addresses the following:

• Structural features supporting the UK economy
• UK mid-caps and the potential for M&A activity
• Valuations and opportunities in house builders


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