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Frudd to build financial services business at law firm

Commercial law firm Beachcroft Wansbrough has appointed former Scottish Amicable group legal director Nigel Frudd as head of financial services, a new position created to develop the firm&#39s financial services business.

Frudd has worked previously at St James&#39s Place International and as a corporate financial partner at chartered accountant Robson Rhodes.

Partner Simon Hodson believes Frudd&#39s appointment is important for the law firm, which is seeking to build a reputation as a leading adviser to the financial services industry. Last year, it launched Beachcroft Wansbroughs Consulting to offers non-legal regulatory advice.

Hodson says: “Frudd brings with him a distinct range of expertise and an in-depth knowledge and understanding of the legal and commercial issues facing the industry.”

Frudd says: “There is a clear opportunity for legal advisers to the industry. It has seen unprecedented change in recent years both on the regulatory and commercial front and this is likely to continue well into the future.”


WPA takes professional view

Western Provident Association has designed an individual private medical insurance plan for professional people such as barristers and doctors. With professional health, pay 25 per cent of the cost of a claim up to the amount they select at the outset &#45 £1,000, £3,000 or £5,000. This is designed to reduce premiums, but unlike excess, […]

£42 million for Britannia members

Britannia Building Society members will receive £42m between them this year through the society&#39s membership reward, which returns a share of annual profits. Members will receive an average payout of £38, with over 80,000 receiving £100 or more. Chief executive Neville Richardson says: “The unique Britannia membership reward provides real, cash-in-hand proof of the benefits […]

Sarasin secures fund

Sarasin Investment Management has unveiled the Sarasin guaranteed portfolio, a capital protected fund linked to the Sarasin CI globalsar sterling balanced fund, which is a Guernsey-based unit trust. The underlying fund has a 16-year track record and invests globally in a combination of equities, bonds and cash. Its objective is to achieve capital growth with […]

Shake a legacy

Legacy life and pension portfolios stretch a long way into the future and most are still maintained on the systems in use when they were issued. Old world administration is leaking cost and legacy systems have been highlighted as a barrier to the change necessary to compete in the new world. Providers clearly need to […]

Greece: the sideshow continues

Artemis managers James Foster, Mark Page and Laurent Millet comment on the Greek deal, describing it as “just another fudge” getting in the way of bigger developments in China, the UK and the US. To read the full article click here.


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