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MEX rejig as Dawson retires

Tim Dawson is retiring after a 16-year stint at Mortgage Express, prompting a management reshuffle at the lender.

Managing director Dawson is set to step down on March 31 but will not be replaced. Instead, the senior management team will report to parent company Bradford & Bingley lending director Chris Gillespie.

Dawson, who joined MEX in 1990 and oversaw the sale to B&B in 1997, is credited with developing strong relationships with intermediaries and building the brand.

Key Retirement Solutions business development director Dean Mirfin says: “It is quite a sad announcement for some people but MEX has people on board that share Tim’s ideals to drive the business. The fact that they restructuring in this way is a positive step as it will make the changeover smoother.”

Dawson, who became MD in 2001, says: “Over the last 16 years, I have worked with my management team to build Mortgage Express into the leader position it enjoys in the specialist lending market. Now is an appropriate time to step down and let someone else lead the company through its next stage of development.”


Going for gold

Merrill Lynch gold and general fund manager Graham Birch believes that the gold price will continue to rise although he also quite rightly thinks that there is much more money to be made by investing in shares in gold mining companies rather than the precious metal itself.

NAPF secures Govt cash for generic body

The National Association of Pension Funds is setting up a generic advisory body, sponsored by the Government, to give general advice on retirement. The NAPF successfully secured funding from the Pensions Education Fund run by the Department for Work and Pensions. Pensions Force will be a not-for-profit organisation aiming to develop initiatives to engage with […]

Himsworth goes to Royal London

Rensburg mid-250 manager Leigh Himsworth is going to Royal London Asset Management at the end of March to run mid cap equities. RLAM has yet to finalise its plans for Himsworth, whose departure from Rensburg was announced last week, but he is expected to be running life and pensions money for the firm. He will […]


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