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MGM Advantage recruits former Skandia director Jim Roberts

MGM Advantage has appointed former Skandia group investment director Jim Roberts as a non-executive director.

Roberts, who spent 26 years at Skandia, will chair the annuity specialist’s investment committee.

Roberts is currently a non-executive director of Sarasin & Partners LLP and an adviser to SimplyBiz. He is also chair of the investment committees at Verbatim Asset Management and Insynergy Investment Management.

MGM Advantage chief executive Chris Evans says: “Jim’s significant experience and understanding of the life insurance industry will be highly beneficial to MGM Advantage as we enter the next phase of our ambitious growth plans.”



Virgin Money to sponsor Newcastle United

Virgin Money has agreed a two-year shirt sponsorship deal with Newcastle United which will run until the end of the 2013/14 season. Virgin will also assume sponsorship of the club from Northern Rock for the remainder of this season, following Virgin’s successful acquisition of the state-backed bank on January 1. Virgin Money announced the acquisition […]

Life settlements in spotlight again as US regulator probes brokerage

US regulator the Securities & Exchange Comission has charged a life settlements brokerage and three senior executives for their involvement in a fraudulent disclosure and accounting scheme. The probe relates to Texas-based company Life Partners Holdings, and has seen Brian Pardo, chairman and chief executive, Scott Peden, general counsel, and David Martin, chief financial officer, […]


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