Mortgage distribution and packaging company Pink Home Loans, a subsidiary of Skipton Building Society, has appointed Dev Malle, 34, as its new head of operations.
Malle joins from UCB Homeloans and prior to that he had held various management positions with its parent company Nationwide Building Society.
Malle is aiming to improve service levels to ensure Pink will be in a strong position next year.
In response to the Government's disposition towards financial products with little or no profitability for the distributors, perhaps the readers of Money Marketing would be interested in the following letter which I have sent to the Chancellor of the Exchequer.I wonder if the Chancellor and the great and good at the Treasury really have any […]
Pensioners will be allowed to pass the value of their annuity to dependents upon death until age 75 according to proposals outlined in the Government's Pensions Green Paper. But before any money is passed on it will be hit by a 35 per cent tax, a level set far too high according to IFAs, who […]
Misys IFA Services is introducing a new service to help medium-sized firms become bigger regional IFA businesses.The “hub proposition” aims to provide the support that firms with 10-20 RIs need to come together to build a single bigger business.Support on offer will primarily be financial and marketing although more detailed plans are to be announced […]
Bankhall and The Exchange have signed a partnership deal that will see the latter's Exweb portal white-labelled as IFAengine for Bankhall members while Exchange users will be targeted with Bankhall services.IFAengine users will get Exweb's comparative quotation and electronic new business services as the portal moves towards electronic commission and compliance systems. Bankhall members will […]
Just a quick post to alert our followers to the fact that the new Fit for Work service is – according to the rollout map – now available in all geographical areas of England and Wales.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]
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