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People on the move – Life and pensions

Prudential has appointed Scottish Life Intern-ational technical manager Gerry Brown as tax and trust manager with responsibility for its onshore and offshore inheritance tax planning products.

He will be in charge of developing Prudential’s tax and trust propositions and will work with advisers to provide technical guidance and specialist support.

Prudential has lost three members of its executive team, with insurance business director Angus MacIver the latest to announce his departure. He is leaving to take up a senior post at supermarket chain Morrisons. Director of intermediated distribution Dave Harris left last month for personal reasons and intermediaries director Tudor Taylor is due to leave in October to pursue other opportunities. Andy Curran, previously responsible for banking partnerships at Pru, has taken over Harris’s role.

BDO Stoy Hayward Investment Management has appointed Robert Kingston as a senior pensions consultant, to be based in the Midlands. Kingston joins from pensions group Punter Southall, where he was a senior consultant and worked on the employee benefits side.

Aegon UK has appointed Feilim Mackle as director of individual business and Steve Clode as director of marketing and customer strategy. Mackle joins from Royal Bank of Scotland, where he was managing director of retail banking. Mackle replaces Peter Dornan, who becomes director of partnership and distribution development. Clode was marketing director at Nationwide Building Society.

B&CE Benefit Schemes has appointed former Unum Provident marketing director Eugene McCormack as its first head of sales and marketing. McCormack spent fiveand-a-half years as marketing director at Unum and will be a member of B&CE’s senior management team.


LibDem conference: Party votes to scrap higher rate pension tax relief

The LibDem conference has backed the Party’s economic policies including plans to scrap higher rate pension tax relief and raise the IHT threshold.After a summation from Shadow Chancellor Vince Cable in Brighton this morning, delegates voted through the proposals that now become LibDem policy in the run-up to the next election.As well as restricting tax […]

Amber restricts LTVs to 90%

Amber Homeloans withdrew its 95 per cent loan-to-value near-prime and self-cert prime products this week. Maximum LTV on near-prime full status is now 90 per cent.

Six questions for providers

The protection gap will only close if product providers commit at least 10 times more cash to educating consumers, says Lifesearch managing director Tom Baigrie.Baigrie also challenged providers to answer six questions on the marketplace.He said providers spend less than 3 per cent of their turnover on communicating directly with consumers but they should be […]

Key themes for 2017

Capital Market Notes, December 2016 Dave Lafferty, chief market strategist at Natixis Global Asset Management, assesses the accuracy of his 2016 outlook and provides his thoughts and outlook for 2017. Click here to read the full article


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