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New managing director for MMB

IFA MMB has appointed Sean Gilchrist as its new managing director. The appointment completes a major reorganisation.

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EIS boosted by increase to £150,000 annual limit

The Enterprise Investment Scheme and capital gains tax reinvestment relief are to be rationalised to create a unified scheme. The changes, which take effect from April 6, will include an increase of 50 per cent to £150,000 a year in the amount that an individual can invest in new shares with the benefit of income-tax […]

New marketing chief at Colonial Investments

Colonial Investments has appointed Lindsay Firth-McGuckin as marketing director. Firth-McGuckin was previously marketing director at Henderson Investors and head of marketing at Liverpool Victoria Friendly Society.

Fry steps down as chief executive

Johnson Fry founder Charles Fry is standing down as chief executive on December 31. Fry will continue to serve on the board and will work part-time at the company in sales and marketing. Rebecca Thomas, who was appointed managing director in September, will take over operational responsibility.

Ex-tied agent sues Axa for £200,000 over &#39golden hello&#39

Axa is facing a £200,000 compensation claim from a former tied agent and IFA who is suing over a disputed golden hello payment. Martyn Freeman is suing the company for breach of contract and loss of earnings. The case reaches trial in Slough next week. Freeman alleges that he was offered a £9,000 golden hello […]

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