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PFS appoints Scott Goodsir as adviser to the board

The Personal Finance Society has appointed BNY Mellon Asset Management managing director and head of wholesale Scott Goodsir as an adviser to the board.

Goodsir joined BNY Mellon in 1999 as sales manager for Newton in the south east of England, predominately working with IFAs and discretionary managers. In 2004, he took over the role of offshore business development manager in the Channel Islands.

In 2008, Goodsir took over the role of head of UK wholesale sales and in 2010 he became managing director, head of UK wholesale sales.

Goodsir says: “It is a privilege to be selected by PFS board members as an adviser, especially at this important juncture for the PFS and the financial planning profession as a whole. I am looking forward to working with board members to help promote higher standards and professionalism within the financial planning sector and continue building upon the chartered brand.”

PFS chief executive Fay Goddard says: “Scott brings some invaluable experience to the PFS board built up during his high profile career in financial services. Over the years Scott has been a dedicated supporter of the PFS and champion of raising professional standards and it is a pleasure to welcome him to the PFS board.”


Brokers: High-street lenders are losing out to smaller firms

Smaller lenders offering niche products are seeing significant uplifts in business as high-street lenders continue to impose stringent lending criteria, according to brokers. Among the four mortgage lenders who published their financial results for 2012 last week, Leeds Building Society reported the largest proportional increase in new lending. New lending at the mutual rose 35 […]


‘One-off’ L&G glitch hits 12,000 pensioners

Around 12,000 pensioners were left without annuity payments this week due to technical problems at Legal & General, according to The Independent. An L&G spokeswoman told the newspaper it was a “one-off” glitch which would not affect its other 650,000 annuity customers. Some may have to wait until Tuesday for their payment, says the insurer, […]

FSA wants to extend time-limits to investigate approved persons

The FSA wants to extend its three-year time limit for taking disciplinary action against approved persons. In written evidence to the Parliamentary Commission on Banking Standards published today, the FSA urges MPs to extend the length of time it has to investigate individuals. Currently the FSA must fine, censure or suspend an individual within three […]

M&G’s Leaviss: The good news from UK’s AAA downgrade

M&G head of retail fixed interest Jim Leaviss has urged investors not to panic over news of the UK’s recent downgrade from its AAA rating by Moody’s, saying it could bring about the fiscal stimulus that the economy badly needs. Leaviss, who runs the £920.2m M&G Gilt & Fixed Interest Income fund, argues that the […]


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