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Hewitt makes three appointments to IBRC

Treasury economic secretary Patricia Hewitt has announced the appointment of three Treasury nominees to the Insurance Brokers Registration Council.

All three appointments have extensive experience within the financial services industry. They are Ronald Armstrong, Bryan Lincoln and Dr Oonagh McDonald.

Armstrong was formerly deputy director general for the Building Societies Association and is currently a non executive director of Stroud and Swindon Building Society.

Lincoln is a partner at law firm Jeffrey Green Russell and treasurer of the British Insurance Law Society.

McDonald previously sat on the board of the Securities and Investments Board and is currently a council member of the Consumers Association, a member of the Financial Services Authority&#39s Ombudsman Scheme Board and a public interest member of the General Insurance Standards Council.

The new appointees will serve on the council until its statutory status ends.


Murdoch teams up with Softbank for on-line mortgages

The mortgage market is set for a massive shake-up following the launch of a £14m on-line mortgage broker.News Corporation owned by Rupert Murdoch is teaming-up with Japanese firm Softbank to launch a UK version of E-Loan, the largest on-line mortgage broker in the US.Both parties will invest £7m in the UK affiliate of E-Loan in […]

Network complaints swamp legal line

A leading financial services lawyer has called on networks to put their house in order following a deluge of calls to a legal helpline for network members.Solicitors #Armstrong Neal set up the service for a week last month to offer legal advice to disgruntled IFAs. It received 214 calls. It found members were dissatisfied with […]

Norwich Union backs industry-wide Cat mark logo

Norwich Union has joined 11 other providers in their support of an industry-wide Cat standard logo for Isas.It follows recent NU Investment Funds research from NOP which highlighted that almost 80 per cent of adults appear to not know what &#39Cat&#39 means.NUIF director of sales and marketing Mark Skinner says: &#34As one of the leading […]

Leeds & Holbeck Building Society launches base rate tracker

Leeds & Holbeck Building Society has launched a Base Rate Tracker mortgage which guarantees to mirror the Bank of England&#39s base rate for three years.The current rate of 5 per cent is also guaranteed to change within 24 hours of any fall in the BoE&#39s base rate.It is available on loans up to 95 per […]

A modern horror story

Every day a quick scan of the news reveals some new horror that will change the lives of those involved forever – the unlucky accident on the way to work, a tragic illness that cuts a young life short or the holiday accident that leaves more than just a scar to cope with. We barely […]


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