Mike Hall, chief executive of Standard Life Healthcare, will be taking early retirement from the company at the end of June 2008. The move has been precipitated by the recent amalgamation of Standard Life’s life & pensions, banking and healthcare operations into one business unit, called UK Financial Services. Hall will retire from full time work but hopes to return to the healthcare sector on a part time basis. Standard Life Healthcare’s chief operating officer since 2005, Bob Watts, will take over the leadership of the businesses from 1 July 2008 as director of healthcare for Standard Life UK Financial Services. He is an Institute of Directors’ chartered director and has been with Standard Life Healthcare for 11 years. Prior to that he was at Norwich Union Healthcare for 4 years.
The Intermediary Mortgage Lenders’ Association’s latest member survey reveals that lenders believe the UK will avoid a full-scale recession.
Mortgage brokers have hit out at Halifax, Nationwide and Cheltenham & Gloucester for offering substantially better rates through direct channels.
The RDR Interim Report has quashed advisers’ calls for a 15-year long-stop.
A war has begun. After weeks of frustration, watching several big lending players begin to even more aggressively undercut brokers through their direct channels, the intermediaries have decided enough is enough.
Ken Rayner and Graham O¹Neill from RSM explain why they rate the fund, its investment process and how it can be used in a portfolio The Artemis US Select Fund became a RSM ‘rated’ fund earlier this year. In this video, Ken Rayner and Graham O’Neill explain the fund’s investment approach, why they rate it, […]
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Another investment manager offering enterprise investment schemes has alerted clients of a 10 per cent drop in value for one of its portfolios following new Mifid rules. Mifid II, which came into force on 3 January, requires firms to notify clients when the overall value of their portfolio, relative to its value at the beginning of each reporting […]
The recent enquiry by the work and pensions select committee has reignited the debate about the future of collective defined contribution schemes. Whether these sort of schemes can be incorporated into the current UK pensions landscape is a moot point. Let’s consider some of the arguments for and against CDC. First of all, it is […]
Retirement interest-only mortgages are set to become more popular following the FCA removing hurdles to selling them. The regulator sees RIO mortgages as a possible aid to the waves of maturing interest-only loans with no repayment strategy. However, the FCA also wants RIO mortgages to be sold more widely, for example as an additional option […]