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Paternoster in deal with support firm

Paternoster, the closed life fund consolidator run by Mark Wood, has signed a letter of intent for Jardine Lloyd Thompson Benefit Solutions to act as its service partner for the long-term administration of pension policies and actuarial pricing support.

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The star comes out

The Diary was quietly pondering the secrets behind Winterthur Life director David Thompson’s witty speech at the firm’s recent wine tasting night when the answer was literally thrust into our hands. After politely enquiring as to the origins of Thompson’s endearing if slightly sexist “men are like fine wine, women are like fine wine” joke, […]

Coventry sets ERC example

Coventry Building Society says it expects other lenders to follow its example of axing early repayment charges from its sub-prime range. It has set up a suite of near-prime, light-adverse and extra-light adverse deals without an ERC, claiming to be the only top 20 lender to make the move. Head of intermediary sales Julie Jones […]

Turner to be MD at Countrywide

Former HBOS head of intermediary business Grenville Turner is to take over as managing director of estate agency Countrywide in January. He replaces Harry Hill who becomes chairman when Christopher Sporborg retires at the end of the year.

Intellectual pursuit of tax avoidance

On reading the Opinion column in the July 20 edition of Money Marketing, I really could not resist responding – if only for the sake of my blood pressure. I don’t know whether your usual acuity was abandoned in favour of political correctness or if you had a sudden attack of naivety. Of course, Governments […]

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