View more on these topics

PosSol appoints compliance and risk director

Positive Solutions has appointed James McCourt as compliance and risk director.

McCourt has previously held senior positions as head of regulatory compliance at Royal Bank of Scotland and as risk director at Kwik-Fit Financial Services.

He will lead and develop PosSol’s compliance, training and competence and risk teams.

Positive Solutions chief executive officer Jim Reeve says McCourt brings with him a breadth of experience from life, pension and investment environments.

He says: “His knowledge and people skills will enable Positive Solutions to deliver a strong governance framework that is appropriate, engaging and effective in the months and years ahead.”

Recommended

Coury quits as dual roles lead to conflict of interest

Malcolm Coury, a director of Moneywise IFA and a non-executive director of Ascentric, stepped down from his role at the platform after the FSA highlighted the conflict of interest. The FSA’s final notice to Moneywise did not name individual directors but cited a failure to manage a conflict of interest. Coury was one of the […]

SFO raids properties in ‘boiler room’ investigation

The Serious Fraud Office has today raided five addresses across south east England as part of an investigation into an alleged £65m boiler room scam. The raids – involving 40 investigators and officers from the Metropolitan, Kent and Essex police forces – are part of an SFO fraud investigation into the marketing of shares from […]

FSA says all firms failed platform test

The FSA has expressed concern at the inadequate systems and controls of firms using platforms in the wake of the regulator’s platform thematic review. At the launch of Aifa’s platform due diligence guide in London last week, the regulator revealed that every firm it visited as part of its thematic review in March did not […]

Protecting long-term savings from short-term policy

By Jamie Clark, Business Development Manager The pensions revolution is almost upon us. As with any revolution, there will be winners and losers. The winners in this case could presumably be the politicians that orchestrated pensions freedom and choice just before the general election. As for the losers, there may be many thousands of people […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. I wouldn’t fancy that job.

    By the way, did you know that according to the regulators compliance people don’t need to be qualified….

Leave a comment