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Intelligent Pensions bolsters management team

Intelligent Pensions has recruited Andrew Pennie as marketing director.
Pennie joins Intelligent Pensions from Santander Private Banking, where he was marketing director for James Hay and Cater Allen Private Bank.

Pennie previously spent 10 years at the likes of Ernst & Young, HSBC and Lloyds Private Banking.

Intelligent Pensions managing director Steve Patterson says: “Given the ever increasing onus on IFAs to provide ongoing reviews and advice for their retirement clients against a backdrop of multiple solutions, new legislation and changing economic conditions, we believe this is an opportune time to grow the business and make many more IFAs aware of the opportunities and benefits of partnering with Intelligent Pensions.”


Cash deals urged to change Nimby views

Cash incentives should be offered to people to prevent Nimbyism from standing in the way of housebuilding projects, according to Policy Exchange. The thinktank says the current system where councils decide whether projects get the go-ahead means vocal minorities of residents with a not-in-my-back-yard attitude can block plans too easily. Policy Exchange argues that if […]


IFA sellers beware

Selling a business is often compared with divorce in that the financials are rarely what either party expects and, in the long term, at least one party feels hard done by, irrespective of the scale of the deal. I recall the first business that I sold. When I hired the legal firm to represent me, […]


‘Switch sellers are failing to assess public’s needs’

Annuity Direct is calling for an FSA investigation into the sale of annuities, claiming that the majority of providers that sell direct to consumers are breaching switching rules. Chief executive Bob Bullivant says most providers fail to conduct proper research into clients’ existing pension schemes and their entitlements when selling an annuity. He says providers […]

GDP grows by 1.2 per cent in Q2

The UK’s GDP grew by 1.2 per cent in the second quarter of 2010, according to revised Office of National Statistics figures. This is up slightly up on the 1.1 per cent growth for the period previously estimated by the ONS. The growth was led by a 1.5 per cent rise in business service and […]


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