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New chief exec for Assureweb

Former HBOS Financial Services managing director John Spellman has been appointed chief executive at Assureweb.

Chief executive Nigel Hopwood is leaving after just 18 months at the technology firm.

Hopwood, who joined Assureweb as managing director last March, says he is taking a break but expects to return to financial services in the near future.

He says: “I have been planning this for some time. I have been commuting long distances for four years and am now looking for an interim management role closer to home. Although I am planning a break, I have already been asked to consider several interim opportunities, so we will have to wait and see.”

Spellman says: “I am delighted to be joining the Assureweb management team at a time when the technology market is evolving at such an unprecedented rate.”


BNP sets up life firm

The British National Party has launched a financial services arm called Albion Life Insurance to help fund its campaigns and electioneering. Albion, which describes itself as a non-profit organ- isation, appears to be acting as an introducer to an unnamed broker targeting BNP members with life insurance products but it does not appear on the […]

Capita & Octopus launch VCT & Sipp hybrid

Capita Sip Services and Octopus are launching a joint wealth management product combining the tax benefits of VCTs and Sipps, allowing for 38 per cent on pension contributions. The product will only be available through IFAs and will use utilise Capita’s enabler infrastructure to capitalise on A-Day changes, permitting a broader range of investments and […]

Horses for courses

When it comes to investments, different clients have different needs. At one end of the scale are people who are willing to take a higher risk for greater potential returns. At the other end are people who will never feel safe in anything other than cash.

Fine line for PPI

Payment protection insurance managing director Simon Burgess says PPI providers and brokers must take heed of the recent regulatory action and improve their products and the sales process

Is three a crowd?

The pension versus Isa debate has raged on and off for years. Les Cameron, head of technical at Prudential, asks if three’s a crowd.   I think the debate was arguably settled by pensions freedom when the biggest downside of pensions – limited access and poor death benefits – was fundamentally changed. Total access, albeit with […]


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