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James Hay parent IFG appoints Robin Phipps as non-exec director

James Hay parent company IFG has appointed Robin Phipps to the board of the company as a non-executive director.

Phipps is currently a non-executive director at Friends Life and Partnership.

He was previously group director at Legal & General and a non-executive director at GE Money Credit Cards.

IFG chairman Joe Moran says: “Robin brings a wealth of experience in UK financial services which is particularly useful given the increased scale of our UK business following the acquisition of James Hay.”



Lenders should warn borrowers on rate changes, says Labour

Labour wants mortgage lenders to be required to advise borrowers about potential interest rate changes and the possible impact they could have on the affordability of their mortgage. Shadow Treasury financial secretary Chris Leslie has put the idea forward as an amendment to the Financial Services Bill. It calls on the Government to being forward […]

Deadline on dealing with firms that fail to enrol staff

MPs want The Pensions Regulator to set out by 2013 how it will deal with small and medium-sized firms which fail to enrol workers into pension schemes. In a new report into auto-enrolment, published last week, the work and pensions select committee says ensuring all firms offer staff the opportunity to enrol in a pension […]

Kames drops performance fee for absolute return fund

Kames Capital will waive the performance fee of the Kames UK equity absolute return fund from April 2 until the end of the year before halving the charge applied. The £66.7m fund, which is managed by David Griffiths and David Pringle, incurs a performance fee when it outperforms the Bank of England’s base rate. The […]


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