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Marr and Dornan take lead roles as Johnston leaves

Aegon&#39s decision to bring its IFA businesses together to form Origen heralds significant changes for the management of the five brands.

Advisory & Brokerage chief executive Gareth Marr is becoming chief executive of the newly formed company and Aegon UK Distribution managing director Peter Dornan, who has overseen the purchase of the five IFA businesses for Aegon, will chair Origen.

Aurora chairman and chief executive David Taplin is to be managing director, business development and marketing, while Aurora managing director Stephen Greenstreet becomes managing director, client services. Taplin&#39s business partner Robert Rackliffe, who launched Aurora with him in 2002 and has been joint chief executive since, will continue to advise on a daily basis.

Wentworth Rose chief executive Tudor Taylor, who took control of the firm from chairman Philip Rose in April when Aegon bought the remaining 50 per cent stake, becomes managing director, business development and corporate.

Momentum managing director Paul Johnston, who engineered a management buyout of the company from Aon in 2000 and sold to Aegon in 2002, is leaving to pursue his own interests while Elliot Bayley managing director Chris Cotton will continue in his present role, having decided not to become part of the board.

Origen is looking for a managing director, finance and risk as well as a managing director, operations.


Aitchison & Colegrave confident about future growth

Aitchison & Colegrave director Brian Aitchison says he is confident about future growth of the IFA even with the news that it is to be sold by B&B. Aitchison says he did not expect this course of action from B&B but can understand the reasons for the change in group strategy. He says: “I want […]

Singer & Friedlander open fund doors to retail investors

Singer & Friedlander Investment Management has issued a retail share class on its institutional model portfolio fund, making it available to retail investors who can afford the £75,000 minimum investment. The fund is designed to mirror the types of portfolio services that are available to investors with larger amounts. Ts objective is to provide income […]

NAEA says we are not heading for a recession

Speaking at the Mortgage Business Expo in Manchester today, National Association of Estate Agents president Richard Hair predicted a “gentle slow bump” in the housing market. He said interest rate predictions of a quarter of a per cent at a time were “a reasonable rate to work to” and advised lenders and borrowers not to […]

Excise in summit talks to decide network VAT

HM Customs and Excise is holding crisis talks with the Treasury, the FSA and senior financial industry figures to hammer out its policy on the Vat treatment of network member charges. The summit meeting follows a move from Customs to force one small network to pay Vat on its member charges. Following an appeal, the […]


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