View more on these topics

Lee Gladwell leaves Platform

LEE-GLADWELL.gif

Platform director of sales and proposition Lee Gladwell is to leave the lender following a recent restructure of parent company Co-operative Bank’s mortgage business.

Gladwell has been at Platform, the intermediary lender of the Co-operative Group, since July 2008. Co-op refused to disclose whether Gladwell had been asked to leave or whether it was his own decision. Gladwell’s last day at the lender was Friday although it is not yet known if he has another role lined up elsewhere.

A spokeswoman says: “We would like to take this opportunity to thank Lee for his work at Platform where he has played an integral role in making the business the success it is today and wish him well for the future.”

In June, Co-operative Bank head of mortgages James Hilton assumed responsibility for Platform while Co-op head of partnerships Colin Welby was given the responsibility of Platform’s sales and distribution team as part of a restructure of its mortgage business, which resulted in the decision to move all of its mortgage operations staff into one team.

Gladwell had been running Platform on an interim basis following the departure of Platform director David Tweedy in June after 13 years at the lender.

In February, the bank placed 80 staff in consultation at Platform and closed its office in Canary Wharf.

Recommended

2

LV= signs protection advice deal with RAC

LV= has signed a five-year deal with RAC to offer its customers a single-tie protection advice service. The provider will offer RAC customers telephone-based advice on its protection products, including critical illness and life cover, as well as issues such as inheritance tax planning. Customers will also be able to purchase term life and 50 […]

Matrix to close Ucits platform and Asia sub-fund

Matrix Group is set to close its Ucits platform later this year, with its Asia sub-fund closing in September. The Irish-domiciled Matrix Ucits Funds umbrella, was launched in May 2010 and currently includes four sub-funds. The Ucits umbrella fund includes the Matrix Asia fund, Matrix Lazard Opportunities fund, Cantab Quantitative Ucits fund and Matrix New […]

Jupiter’s De Blonay adds risk to Financials fund

Guy De Blonay has doubled his exposure to special situations companies from 5 per cent to about 10 per cent over July and August after deciding to add risk to his £443m Jupiter Financials Opportunities fund. De Blonay says the decision to buy more of these types of stocks in the portfolio is the result […]

17

FSA warns firms on advice cost cross-subsidies

The FSA is concerned firms that provide products and advice are cross-subsidising the total cost of delivering financial advice to make advice charges appear artificially low. In the FSA’s latest RDR newsletter, published today, head of investment intermediaries Linda Woodall says the RDR requires larger firms that provide products as well as advice to set […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com