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Key Retirement hires ex-Chase De Vere Mortgages director

Key Retirement Group has appointed former Chase De Vere Mortgages operations and IT director Michael Schaefer as chief operating officer.

Schaefer has worked in the US, UK and Europe leading IT change programmes, and also acted as a consultant to insurance and lending software provider Risk Free and reinsurer RGA Underwriting.

KR Group chief executive Colin Taylor says: “The appointment of a chief operating officer is another significant move and underlines our ambition to deliver the best possible service to clients and business partners as we expand our operation.”

Chief operating officer Michael Schaefer added: “KR Group’s plans for growth make this an exciting time to join the business.

“With significant investment in upgrading systems and infrastructure, I look forward to working with the team to develop efficient solutions that improve our customers’ experience and enable ambitious growth plans from our investors.”



Investors back Friends Life/Aviva mega merger

Two leading investors have come out in favour of Aviva’s £5.6bn acquisition of Friends Life ahead of a shareholder vote on the deal which is set to create the largest insurance and savings business in the UK. Old Mutual head of UK equities Richard Buxton has lent his weight to the merger, telling the Telegraph: […]

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FCA: No genuine examples of retrospective regulation

The FCA says a call for evidence on retrospective regulation has produced no genuine examples of where it has applied its rules retrospectively. In August, the regulator asked firms to send it examples of retrospective regulation. It defines this as the application of “a more demanding standard or interpretation of the rules after the event, […]

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(Another) downhill stroll — retirement planning

A report published this morning by the CIPD (CIPD Employee Outlook March 2015) provides yet more interesting data to the changing landscape of retirement planning. It should be remembered that we are in a period of genuine flux here given that the default retirement age was scrapped three years ago, and new pension freedoms come online in April. Both of these alterations will have a huge impact on how employees plan for their retirement.


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