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Michael Lord becomes FSA head of mortgages and credit unions

Michael Lord has taken over as head of mortgages and credit unions in the small firms division of the FSA.

He replaces Andy Watson who has left the FSA.

Lord will continue to look after the investment department in the small firms division until February 20. He will be succeeded in the role of head of investments by current head of department in the retail firms division Jonathan Fischel.


Chasing a regulator

As Money Marketing uncovers another raft of claims manage-ment firms excesses this week, the debate is raging about who should regulate them.

Kerr joins New Star on US equities

Former M&G global technology fund manager Greg Kerr has joined New Star to run the US equities mandates in its family investment accounts. Jorry Noeddekaer joins from BankInvest for New Star’s Asian team.

Rehab sprout

The Government’s controversial reforms aim to redefine the role of the welfare state

CML urges Government action over Hips

A report published today by the Council of Mortgage Lenders expresses serious concerns that home information packs may not be implemented on time.It is also concerned that the Government and the public do not understand the impact Hips will have on the mortgage market.CML director general Michael Coogan says: “With only 16 months to go, […]


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