HBOS is bringing together all of its intermediary and partnership businesses into one area and reshuffling its management team across its business-to-business division.Intermediary business from the retail and investment and insurance division will be combined to strengthen the relationship with all introducers. Birmingham Midshires managing director Nigel Stockton is being given a wider role within the HBOS group , becoming managing director of intermediary mortgages. He will take overall responsibility for co-ordinating activity across the mortgage intermediary brands, including Halifax Intermediaries, Bank of Scotland Mortgages and The Mortgage Business, while retaining his responsibilities with BM. Michael Bolton, managing director of BM Solutions and Halifax Intermediaries becomes head of HBOS specialist lending. Head of products and marketing Tim Hague becomes director of BM Solutions and Alan Cleary becomes director of Halifax Intermediaries. Clerical Medical Financial Services managing director John Hiew retains responsibility for Clericals intermediary distribution but will also work with the other intermediary brands to build on distribution and will take responsibility for HBOS’s employee share service business. To maximise the sale of general insurance through mortgage intermediaries, Peter Thompson will become managing director of partnerships, GI and retail and will work clo- sely with the other brands within the new structure. HBOS chief executive Grenville Turner says: “Through these dedicated roles, we can continue to improve our service and strengthen relationships with our introducers.”
I have a confession to make and would be grateful if readers would keep it a secret from my employer and my wife. As someone who has been reputed to know a reasonable amount (for a journalist) about personal finance, the information contained here could be highly damaging to that reputation.
Assureweb is claiming that new links with four product providers’ websites will treble its new business transactions in the next year. The portal now links to the extranet sites of Prudential, Scottish Equitable, Standard Life and Scottish Pro- vident in addition to Nor- wich Union, Scottish Widows, Friends Provident and Legal & General. Assureweb director […]
Strutt & Parker Real Estate Financial Services has launched a property development fund fully eligible for IHT business property relief. The product has a minimum investment of 250,000 and is not subject to IHT upon the death of the investor. It is aiming to deliver returns of between 10 and 15 per cent a year.
The cost of owning and running a house rose by 5 per cent in 2003/04, according to Halifax’s third annual review. Rising council tax bills accounted for a third of the rise. Annual housing costs, at 5,948, made up 23 per cent of total household spending by owner-occupiers and was a third higher than household […]
From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]
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