View more on these topics

Intelligent Pensions non-exec chair Maurice Paterson retires

Intelligent Pensions non-executive chairman Maurice Paterson has retired from the firm’s board.

Paterson has been replaced in the role by former Suffolk Life sales and marketing director John Moret (pictured).

Intelligent Pensions managing director Steve Patterson says: “On behalf of the board and shareholders at Intelligent Pensions I would like to thank Maurice for his hard work and commitment over the past 14 years, particularly in the early years of establishing the company when his business acumen and industry knowledge were invaluable.

“We wish Maurice a long and healthy retirement and now look forward to a new and exciting chapter at Intelligent Pensions with John Moret supporting the business as non-executive chairman.”


OFT gives go-ahead to Mortgage Brain and MortgageStream merger

The Office of Fair Trading has given the go-ahead for Mortgage Brain to acquire MortgageStream. The OFT announced in January that it was stepping in to investigate the proposed acquisition over fears it could substantially lessen competition in the market. But a spokesman for the OFT says: “The OFT has decided, on the information currently […]

Budget 12: VCT and EIS annual investment limit changed to £5m

The annual investment limit for a VCT and EIS investing in a qualifying company has been revised down to £5m, after it was announced in last year’s Budget that it would be increased to £10m. In last year’s Budget statement, Chancellor George Osborne announced the Government would raise the annual limit for qualifying investment companies […]

Equitable Life to rethink adjuster in FSA crackdown

Equitable Life says it will have to consider whether it can continue to levy a “financial adjustment” on policyholders that leave the fund following the FSA’s clampdown on market value reductions. This month, the regulator moved to prevent with-profits providers from charging an MVR if they suffer liquidity problems as a result of members leaving […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment