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Lehman Brothers appoints ex-Halifax head of accounts

Lehman Brothers mortgage capital businesses has appointed Halifax’s former head of corporate accounts Ed Payne as head of sales at Southern Pacific Personal Loans.

Lehman Brothers executive director of sales and marketing Guy Batchelor says: “The secured loans market is an important part of our multi-brand strategy and I am pleased to be adding to the SPPL team with Ed’s appointment.

“He has invaluable experience in the lending arena and will strengthen our proposition as we continue to develop innovative and competitive products alongside the highest levels of service and commitment to packagers.”

Payne will commence his new role in August.


Channel challenge may find advisers out of their depth

With the FSA’s initial thoughts on the retail distribution review only a week away from publication, there are already indications that it is likely to affect what products can be sold through what channels. Funds that utilise Ucits III powers, such as vehicles that use derivatives to a high degree, may get caught up in […]

Insurers prove they will pay on bizarre deaths

Insurance companies will pay out on life cover claims however bizarre the cause of death as long as the policyholder was not doing anything illegal and all necessary information was disclosed, says Lifesearch.The firm’s latest research quizzed Bright Grey, Royal Liver and Aegon Scottish Equitable to determine whether they would pay out on claims made […]

Number of people covered by PMI jumps

The number of people who bought personal private medical insurance jumped nearly 2 per cent last year to 1,030,000.Now 5.9m adults and children in the UK are covered by either personal or corporate PMI policies.ABI director of general insurance and health Nick Starling says PMI offers people greater choice of treatment and other services for […]

Broker Talkback

Are you threatened by Barclays’ claim that they are going to steal your business? No 100% Yes 0% No “I’ve heard this all before. Abbey Wealth Management were the last to do this with Inscape Investment Services and where is that now.”Rob Simpson, Simpson Financial Services No “I’m not worried at all. There’s too much […]

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Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them


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