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Leaman to depart at Openwork

Stephen Leaman has confirmed he is stepping down as chief executive of Openwork at the end of the year, having been with the network since 2004.

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Spiers selling off Bestinvest stake

Bestinvest founder John Spiers has brought an end to months of speculation surrounding the company by selling a large portion of his majority shareholding to global private equity and venture capital firm 3i.The deal, for an undisclosed sum, will see the firm take a majority holding in the business, with Spiers retaining a stake and […]

Pioneer removes final exclusions from its Pure Protection product

Pioneer Friendly Society has announced it will remove the final two exclusions, war and HIV, from its Pure Protection contract. The move, which follows a range of policy enhancements introduced in January, makes Pure Protection one of the few income protection policies in the market with no standard policy exclusions. Chief executive Andy Chapman says: […]

Standard Life Bank to axe exit fees from end of July

Standard Life Bank has become the latest lender to confirm it will be axing its exit fees from July 31.A spokeswoman says: “Standard Life Bank can confirm that as from 31 July new mortgage customers will not be charged a Mortgage Exit Administration Fee when they redeem.”Standard Life Bank previously charged £230.This follows Cheltenham and […]

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