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Paymaster makes four key appointments

Hogg Robinson&#39s specialist pensions administration outsourcing subsidiary Paymaster has made four senior appointments.

Keith Broughton has been appointed as annuity services director with responsibility for outsourced annuity payments to insurance companies. He was previously director of outsourcing operations at Sedgwick Outsourcing Services.

David Woolf has joined the company as project director responsible for implementation of its services for new client contracts. Woolf was previously at the Cabinet Office and was responsible for the procurement and implementation of the civil services&#39 administration system PenServer.

Ralph Tigwell joins as chief information officer for all of Paymaster IT activities. While Steve Matthews is appointed business development manager.

Paymaster managing director Jim Kelly says: &#34We are delighted that such high calibre individuals are keen to join us. These appointments are a further demonstration of our determination to be the leading pensions administrator in the UK.&#34


CML calls for statutory mortgage regulation

The Council of Mortgage Lenders has joined the growing clamour for statutory mortgage regulation. The seeming change of heart comes only weeks after a covert nationwide survey by trading standards officials found mortgages are being systematically missold leaving thousands of home owners with poor value deals.The CML, up to now staunch a supporter of self-regulation, […]

Co-op bank enters internet banking with a smile

Despite the interesting choice of name the Co-operative Bank is aiming to wipe the grin off its rivals faces with the launch of its internet banking subsidiary new internet bank will go live on October 28 with a headline grabbing interest rate of 4 per cent gross on its flagship current account. The account […]

Co-op Bank to launch internet bank subsidiary

The Co-operative Bank will announce it is launching an internet banking subsidiary today according to the Financial Times.The bank says it plans to undercut its traditional rivals and gain an early advantage in the internet banking arena.The Co-op will unveil its range of new low cost products in the next few weeks, it says these […]

Coventry Building Society offers high interest account

Coventry Building Society is launching a high interest savings account paying 6.05 per cent gross.The CallSave Instant account offers investors instant access and a guarantee that the rate will not fall below this level until September 30, 2000.The minimum investment is £5,000.Coventry chief executive Martin Ritchley says: &#34The rate guarantee is a significant advantage over […]

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Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.


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