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Is this an ancestor I see before me?

Those crazy folk at Principality Building Society might be no Nationwide when it comes to sheer volume of press coverage but they have to be the most wacky bunch in the society sector.

According to this year’s BSA press contacts directory, there are number of “interesting” characters.

There is CEO Peter Griffiths, who is described as built like a racing snake and known locally as Pete the Punching Pugilist, and estate agent subsidiary managing director Chris McVeigh, whose ancestors supposedly had links with Macbeth.

Best of all, though, is PR coordinator Llio Penri, a woman who, according to the directory is “well known for drinking most journalists under the table and being the last man standing”.


Cover story

Whenever I read letters or hear comments from IFAs about the “good old days” of regulation before the Personal Investment Authority and the FSA were set up, two of the other organisations that repeatedly come to mind are the General Insurance Standard Council and its predecessor, the Insurance Brokers Registration Council.

Clients told not to bank on protected rights move

A Sipp provider says fears over a Government U-turn means he is having to calm client interest over proposed relaxations to protected rights restrictions.IPS Actuarial Services managing director Rupert Curtis says around 25 per cent of his 5,000 Sipp clients have protected-rights funds. Many have been contracted out for 30 years and have tens of […]

LibDems slam public sector pensions

The top 300 civil servants have combined pension pots worth £250m, according to research from the Liberal Democrats.LibDem Shadow Work and Pensions Secretary David Laws says the disparity between pensions accrued in the public and private sector is absurd and highlights the need for fundamental reforms.He says £16bn is paid in taxes each year to […]


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