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Leitch heads New Deal team

Zurich Financial Services chief executive Sandy Leitch is to become the new chairman of Chancellor Gordon Brown&#39s New Deal Task Force for the young unemployed.

Leitch, who recently finished his term as chairman of the ABI, will replace Sainsbury group chief executive and former Prudential chief executive Sir Peter Davis as the head of the committee.

The committee aims to provide work and training opportunities for young people aged between 18 and 25.

Announcing the appointment, Education and Employment Secretary David Blunkett said: “I am pleased to welcome the arrival of Sandy Leitch as the new chairman of the taskforce.

“I look forward to working with him on the development of New Deal and to drawing upon his tremendous business track record, personal values and involvement with the Government on community-based projects.”


Wesleyan Assurance

Wesleyan Assurance managing director Jim Macdonald got stuck in to help get the society&#39s new billboard campaign under way.Posters based on the slogan, Who, When, Where, What?, are appearing on billboards around the society&#39s home city of Birmingham.Wesleyan was founded in 1841 and one aim of the campaign is to remind the public of the […]

Is it a polar bear market

Money Marketing&#39s Poles Apart straw poll revealed 90 per cent of IFAs to be opposed to changes in polarisation laws. How damaging would any changes be to the IFA community?MB: Any changes to polarisation are inevitably going to put the industry back where it was before the Financial Services Act 1986, with investors totally confused […]

Fear factor becomes a reason why not to sell PPs

IFAs could be too afraid to sell personal pensions because of fears of justifying their advice through reasons why not letters, claim pension experts.They predict personal pension sales will be artificially driven down by as much as 50 per cent as IFAs fear a retrospective review of personal pension sales after stakeholder.The concerns have emerged […]

Future Mortgages is aiming to be a red hot Pepper in Australia

Future Mortgages is launching Down Under as Pepper Home Loans in a bid to take a share of Australia&#39s $90bn (£35bn) mortgage market.Future says the sub-prime market in Australia is years behind the UK.The Australian mortgage market itself is around one-third of that in the UK and is heavily weighted towards the traditional banking operations […]


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