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LV= appoints Iain Clark as director of protection

LV= has appointed Iain Clark as its new director of protection.

His appointment follows a number of other additions to LV=’s protection management team including Mark Jones as head of protection product and Mike Farrell as head of protection sales.

Clark, who has 24 years experience in the protection market, joins from Legal & General, where he was sales director for its IFA protection business.

He will be responsible for LV=’s entire protection business. Jones and Farrell will report directly to Clark.

Managing director for life and pensions Richard Rowney says: “LV= had very strong growth in protection during 2010 with sales increasing by around 35 per cent, and we are delighted to further strengthen our team by recruiting someone of Iain’s calibre.”


Providers agree 11 day re-reg timescale

The Tax Incentivised Savings Association has issued an industry-wide service level agreement for the re-registration of assets between platforms which states the process should take no more than 11 days. Tisa says it is encouraging firms to base their pilot procedures on the standards in the agreement. Tisa’s platform re-registration project built on work by […]


Sins of the grandfathers

I’ll admit it, I was struggling this week. Running through the old RDR themes and looking for something new. Surely all the RDR arguments have been aired, and worn thin by now? Then I saw it, the FSA evidence proving that grandfathering is a sin. It seems those nasty mortgage brokers have been misselling in […]


Recovery has ground to a halt, says Balls

This morning’s news that GDP contracted by 0.5 per cent means the economic recovery has ground to a halt, according to the Shadow Chancellor. Reacting to GDP figures which showed the economy contracted by 0.5 per cent in the last three months of 2010, Ed Balls says they are worrying because they do not include […]


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