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Goodfellow takes chair

Skipton Building Society chief executive John Goodfellow has been elected as chairman of the Building Societies Association.

He takes over from Britannia Building Society executive vice-chairman Graham Stow, who held the post for the past year.

Goodfellow&#39s former role as BSA deputy chairman will be filled by Stroud & Swindon chief executive John Parker.

Goodfellow has been chief executive of Skipton for 12 years. He says: “I am delighted to be taking over as chairman at a time of renewed vigour and confidence in the building society sector. As mutuals, we have a key role to play in offering financial services to consumers, challenging the mortgage banks on product innovation, price and levels of service.

“Building societies are not hidebound by the banks&#39 first principle – paying dividends to shareholders.”


Cash has dash

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New chief executive at Yorkshire Building Society

Iain Cornish is to take over as chief executive of the Yorkshire Building Society on July 1. He takes over from David Anderson, who is leaving to become chief executive of Jobcentre Plus, part of the Department of Work and Pensions. Anderson has filled the role of chief executive of the Yorkshire for seven years. […]

Amber buys £70m mortgage portfolio

Amber Homeloans has bought a 900 strong sub prime mortgage portfolio from Preferred Mortgages. The portfolio has been valued at around £70 million. Amber and Preferred have been working with each other for two years. The move is part of Amber’s strategy to create and trade mortgage assets, and the Skipton Building Society subsidiary said […]

Why don&#39t we have a pensions minister?

Pension guru Stewart Ritchie has blasted the Government for showing a lack of concern for the pension crisis by failing to appoint a pensions minister.Former pensions minister Ian McCartney was app-ointed chairman of the Labour Party in early April and is yet to be replaced.Scottish Equitable pensions development director Ritchie says the Government&#39s failure to […]

Who pays inheritance tax and how to declare it

By Kim Jarvis, Canada Life In this article we look at which forms personal representatives (PRs) need to complete and who actually pays inheritance tax (IHT).  To recap, under current rules, any part of the estate that falls within the available nil-rate band (NRB), currently £325,000, is taxed at zero. Anything in excess of the NRB […]


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