View more on these topics

Openwork names new chief operating officer

Exit-Man-Door-Depart-Leave-700.jpgOpenwork has named Neil Milner as its new chief operating officer.

Milner joins from car and cycling retailer Halfords, where he served as head of programmes.

He has also held roles at the National Trust and Travelodge Hotels.

Milner’s new role will see him take on responsibility for developing the network’s systems and process.

He replaces Paul Bridge, who moves into a consultancy role after five years as Openwork’s chief operating officer.

Openwork chief executive Mark Duckworth says: “We are thrilled to welcome Neil to Openwork in an important role for the business.

“Neil brings with him valuable experience outside financial services across a number of progressive sectors and we look forward to leveraging his expertise and strong technical skills as we move to the next stage in our development.”



Openwork eyes £10bn mortgage lending in 2016

Openwork is targeting £10bn of mortgage lending in 2016 after its lending rose 23 per cent to £9.1bn in 2015. The network says it will meet its target through organic growth and business coming from Just Mortgages, which is joining the network from L&G next month. Just Mortgages, the financial advisory business of Spicerhaart, will […]


Openwork left vulnerable as Zurich plots stake sale

Openwork left vulnerable after Zurich reveal plans to sell off stake Advice network Openwork has been left “vulnerable” after Zurich confirmed plans to sell-off its remaining 25 per cent stake in the business, experts say. Openwork is 67.5 per cent owned by member firms and 7.5 per cent by an Openwork employees trust, with the […]


Zurich to sell 25 per cent Openwork stake

Zurich will sell its 25 per cent stake in advice network Openwork in the next four years. In July last year Money Marketing revealed Zurich had appointed investment banking advisory firm Evercore to explore exit opportunities as senior management look to rid the company of any liability risk associated with the business. Openwork is currently […]


Woodford to manage Openwork UK equity fund

Neil Woodford is to manage a new UK equity fund launched by advice network Openwork. The UK Growth and Income fund, which will take positions in both listed and unquoted companies in the UK, will only be available to Openwork’s advisers. The fund will be available in February through Openwork’s asset management business, Omnis Investments, which offers multi-asset model portfolios with funds run by groups including […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment