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Intrinsic appoints Keith Baldwin as non-executive director

Intrinsic Financial Services has appointed former Zurich Advice Network chief executive Keith Baldwin as non-executive director.

Baldwin will work alongside current Intrinsic chairman Lord Sandy Leitch and CEO Richard Freeman.

Leitch says: “Intrinsic’s dramatic progress over the last five years has been driven by the strength of our management team. The skills and expertise that our Non-Executive Directors contribute is vital to our success, and to welcome on board somebody of Keith’s talent is a huge boost for our business.”



Rockingham in row over ‘discussing’ WP annuity

Concerns have been raised after Rockingham Retirement offered to “discuss in detail” a with-profits annuity despite having lost its permissions to advise clients. Last year, the FSA withdrew Rockingham’s advisory permissions, preventing it from advising on investments, pension transfers and pension opt-outs. The ban does not extend to arranging direct-offer annuity contracts. In a response […]

Mortgages: What will the next 12 months have in store

Lending forecasts for 2011 look like following a similar level to 2010, with the Council of Mortgage Lenders predicting lending will be around the same as last year but with property transactions falling by 30,000 to 860,000. Brokers acknowledge this year will be difficult but some say there will be opportunities. London & Country head […]

Altmann plans Saga charter to scrap default annuities

Saga director general Ros Altmann is calling for an end to default annuities as part of a wider charter for annuities that will push for increased uptake of the open market option. Speaking to Money Marketing, Altmann says: “We will be calling for an end to default annuities because the market clearly is not working. […]

Swip appoints Kevin Addison as head of wholesale

Scottish Widows Investment Partnership has named Kevin Addison as its head of wholesale replacing Tony Maddock. Swip says it has also promoted Martin Jenkins to the role of London and South East IFA sales manager, adding Addison will recruit for a new sales manager. Maddock quit the firm in November 2010 to replace Charlie Wilson […]


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