View more on these topics

Knox-Johnston in the running for IFAP chief executive

Consultant Richard Knox-Johnston is being touted as the next possible chief executive of IFA Promotion following the resignation of Anne- Marie Martyn.

Knox-Johnston, a former Allied Dunbar and Lincoln salesman, was instrumentalin setting up Aifa as project manager. He has also recently been involved in the consultation process for Saltr, putting forward IFAs&#39 views.

He says he is open to an offer from Ifap but is not expecting any approach until the organisation&#39s future has been decided.

One possibility is that Ifap will be merged with trade association Aifa.

Sources close to the two bodies says they are weighing up the arguments for and against a merger. It is thought the IFA community would be best served by a merger but such a move would throw up funding issues.

Money Marketing revealed earlier this month that Aifa director general Paul Smee would be sitting in Ifap&#39s future board meetings.

Ifap itself has said it is delaying the appointment ofa new chief executive until after the publication of the London Economics study on polarisation. Its findings could determine what sort of skills would be required by the person chosen for the job.

Knox-Johnston says: “My mind is open to anything.I have not been asked atthis stage to provide anymore information but Ifap are reviewing their situation.”


Pension trees bore public

FSA consumer research has revealed the full extent of the stakeholder decision treefiasco, with most consumers so bored by pensions they fail to complete the trees.The research shows more than 18,000 people were initially contacted for the phone-based research last spring but only 2,043 agreed to take part when they learnt it was about pensions.A […]

EMX steps up moves to attract more IFAs

EMX is moving up a gear in its drive to get more independent advisers to sign up to its service with the recruitment of two sales and marketing advisers.The two new recruits will focus specifically on promoting the service to IFAs.They will visit advisers and deal with any problems they experience.The move follows the news […]

The flexibility factor

The flexible mortgage market has come of age. Gross flexible lending has surged to 21 per cent of mortgage lending in the first quarter of the year.There is an ever-increasing demand for flexible mortgages and this has been highlighted in a recent report by data analysts Prophit showing this market is no longer the niche […]

If only…

Halifax&#39s new telenet bank Intelligent Finance began life as a glint in the eye of former Standard Life big-hitterJim Spowart.Spowart, now IF chief executive, had a chance conversation with a colleague on how commercial banking customers were able to offset interest on accounts in debt with the balance from accounts in credit.Just eight months later, […]

Treasury looks to address advice gap

By Jamie Clark, Business Development Manager, Royal London Hot on the heels of consultations on tax relief and pension transfers and early-exit charges comes a new investigation into the advice gap, and how this can be bridged. Ever since the new pensions freedoms were introduced, concerns have been raised about how people can get access […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment