View more on these topics

Malone is eager to play on

Premier Mortgage Service managing director John Malone has not put a date on when he will hang up his boots after comparing himself to David Beckham.

Malone has agreed to stay on at PMS for at least another two years, as he indicated when announcing in June that his eventual successor would be former head of The Mortgage Alliance Steve Atkins.

But he refuses to be drawn on when he will retire from the mortgage industry and compares himself to US-bound Beckham.

Malone has also hit out at critics that have claimed PMS, and other mortgage clubs, could suffer from the creation of the high-net-worth alliance Concordia.

He says: “I am 63 and I have just signed another contract but I will not necessarily finish then. I am like David Beckham. He still sees a lot of value in what he is doing and so do I.

“The big lenders are deciding where they see the market going and they are not going to ignore the clubs and networks that control 100bn of business for an alliance of 10bn.”


Broker Talkback

Is the FSA doing enough to clamp down on PPI misselling?Yes 45%No 55%Yes “Hopefully it is but you can never be sure. We tend to sell a lot of protection on most of the mortgages we do.”Glenn Malcolm, IFA Financial Services No “I do a lot of mortgages and I do not have a high […]

Suffolk Life wins customer service award

Suffolk Life has been awarded the first-ever independent Investor In Customers award.The Investor In Customers assessment is a new independent service which assesses and recognises companies in all business sectors for their customer focus in four key areas – understanding customer needs, meeting customer needs, delighting customers and developing long-term relationship with customersThe four principles […]

T Bailey fund…

T Bailey fund manager Jason Britton went back to school recently giving pupils lessons on how to look after their money wisely. Britton avoided the temptation to tell the kids to lump into T Bailey funds, avoiding the wrath of the FSA, but he could yet fall foul of the Jamie Oliver Authority after reportedly […]

Jelf hires John Hiew to consult on private client proposition

Jelf Group has hired John Hiew on a consultancy basis in a bid to grow and develop its private client proposition. Hiew, formerly managing director of Clerical Medical Financial Services, will focus on existing services for new and current private clients to grow the group’s funds under management. He will report to group chief executive […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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