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Toby Strauss, Scottish Widows

Scottish Widows appoints head of bulk annuities

Scottish Widows has appointed a managing director of bulk annuities and investment strategy as part of a management shake-up. In October Lloyds Banking Group announced Scottish Widows would enter the bulk annuity market. It has now appointed Jeff Sayers, previously insurance divisional risk officer at Lloyds, to lead the proposition. Sayers joined Lloyds in 2013 […]

Tilney for Intermediaries hires director from Cofunds

Discretionary investment manager Tilney for Intermediaries has appointed Mark Coles as director for financial intermediaries. Coles joins from Cofunds where he was head of business partnerships. Previously, he was head of business partnerships at Architas and investment strategy manager at Axa Wealth. In his new role Coles will report into head of Tilney for Intermediaries […]

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Has the remortgage market woken from its slumber?

The remortgage market slump showed signs of ending in March as the number of loans advanced to borrowers increased year-on-year for the first time in 11 months. According to the Council of Mortgage Lenders, there were 26,600 loans to remortgage borrowers in March, up 6 per cent on March 2014’s 25,200. This was the first […]

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Robert Sinclair: The great mortgage robbery

The proposed fee increases from the FCA should shock and anger firms. They should also worry consumers. These costs have to be passed on. With inflation running at 0 per cent and wages increasing at less than 2 per cent, it takes a special type of organisation to propose increasing its costs by 8.5 per […]

Frexit & contagion risk in Europe

Rob Burnett, Head of European equities at Neptune Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Is this likely and what is the mechanism for this to happen, asks Rob Burnett, Manager of the Neptune European Opportunities Fund. Read more: https://www.realworldinvestors.com/Posts/Read/1371/Frexit_and_contagion_risk_in_Europe […]

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