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FSAS director Alistair Mackay to retire

Lighthouse Group has announced that Financial Services Advice and Support Limited director Alistair Mackay is to retire at the end of December.

Executive director Andrew Snowball will work alongside fellow co-founder Alan Pinkerton to form the management team taking the Lighthouse subsidiary forward.

Lighthouse chairman David Hickey says: “Alistair has played a key role in building the excellent IFA offering which has made FSAS so successful. While we will be sorry to lose him, the orderly transfer of his responsibilities over the rest of 2008, and his offer to remain available from time to time in the future, will mean that the benefit of his skill and experience will not be lost to the group.

“We are also pleased that Andrew will join with Alan in taking up the reins at FSAS. We believe that the FSAS offering is particularly attractive to the IFA market at this time in the economic cycle and are confident that Andrew and Alan will build a very substantial business.”

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