View more on these topics

Norris quits Hargreaves Lansdown

Hargreaves Lansdown founding director of Pensions Direct, Adam Norris, has left the firm after nearly 10 years.

In 1999, Norris was brought in to set up the pension arm of HL and later took control of the firm’s advisory service.

At 37, Norris was one of the youngest managing directors in the industry and led thinking on the firm’s view that investing in a Sipp is cheaper than in an insurance company contract. Before he joined HL, Norris was a financial adviser with Acuma and then an IFA for small brokerages in Bath and Bristol. He is leaving to spend more time with his family and to pursue other interests. He is not expected to return to financial services.

Hargreaves Lansdown chairman Stephen Lansdown says: “He has made a major contribution and we are sad to see him go. We have a good team that will carry on his work.”


Business boost for PMS

Premier Mortgage Service ach-ieved over £780m more business applications in January than it expected, totalling just under £4bn for the month.Managing director Joh Malone says PMS was pleasantly surprised by the figures but February’s figures are likely to be lower due to the withdrawal of products and the cost of borrowing.He says: “The purchase market […]

King and Platt plan online protection brokerage

Former Torquil Clark Life Insurance directors Jason King and Simon Platt are looking to launch an online protection brokerage by the end of the summer.The pair left Torquil Clark in August last year, two years after it acquired Life Policies Direct, which they founded in 1999.The online brokerage will provide advice and quotations as well […]

‘Means-test poses threat to Thoresenscheme’

Otto Thoresen’s plans for a national money guidance service will fail unless the effect of means-testing on personal accounts is addressed, says Royal London executive director John Deane.The service would offer the public information and guidance on saving and borrowing, budgeting, retirement planning, protection, tax and welfare benefits.Deane says there is “nothing not to welcome” […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment