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Old Mutual appoints new boss

Old Mutual has appointed Clive Boothman as chief executive of its combined Capel Cure Sharp and Greig Middleton businesses.

Richard Bernays who has been acting CEO of both CCS and GM becomes chairman of the combined businesses.

Boothman, who spent most of his career at Schroders will take up his position on September 4 and will complete the integration plan to combine and relaunch CSS and GM.

Old Mutual will move to the Millennium Bridge House in London in November.


Portillo keeps his cards close

The annual general meeting of the Centre for Policy Studies is a grandaffair. The great and the good turn up to salute a thinktank that has beenat the heart of Conservative thinking for 25 years. The guest speaker has agilt-edged opportunity to lay out fresh Tory thinking and to be guaranteedextensive media coverage.So why did […]

The business is out there

Don&#39t despair, the work is out there,you just have to look carefully. SomesmallerIFAs seem dismayed at the potentially adverse impactof stakeholderpensions on their business.They point to the much reduced capacity of commission under stakeholderwhen compared to personal pensions and correctly infer that it will be verydifficult to justify selling a new £100 per month personal […]

Legal & General announce new mortgage

Legal & General Mortgage Club has launched a two-and-a-half-year fixed rate mortgage which will also offer a £3,000 limit credit card facility. Interest on the service-guaranteed mortgage is fixed until March 1, 2003 at 6.29 per cent for loans of up to 90 per cent of the property value and 6.49 per cent for loans […]

Woolwich – Open Plan 3.55 Per Cent Discount For 2 Years

Tuesday, 7th November 2000.Type: Discounted-rate flexible mortgage.Discounted term: Two years.Discount: 3.55 per cent.Payable rate: 4.2 per cent.Minimum loan: £1,000.Maximum loan: Up to 95 per cent of valuation subject to no maximum.Income multiples: 3.25 times principal income plus second or 2.5 times joint.Features: Underpayments, overpayments, payment holidays, lump sum withdrawals, interest calculated daily.Arrangement fee: £195.Redemption fee: […]


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