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Premier ditches search for MD

Premier Mortgage Service is no longer looking for a successor for current managing director John Malone.

Malone had told Money Marketing that following a series of interviews, PMS would be appointing his replacement in March, with him becom- ing chairman.

It is thought former Acc- ord managing director Linda Will was recently offered the job by parent company Bankhall but turned it down.

Bankhall says another managing director will not be appointed for the mortgage club in the immediate future, with Malone committed to staying at the firm for anot- her 18 months.

Bankhall chief executive Peter Mann says: “We are delighted to see John’s ongoing commitment to the business and feel that, at this time, the best result is the maintenance of the status quo. The mortgage market is going through a period of considerable instability and various commentators speculate how long this will continue for. We were flattered by the number and quality of individuals who exp-ressed an interest in the managing director position but ultimately feel the internal resources we already possess are more than capable of continuing growth.”


MorganAsh starts tele-interviews with protection claimants

Protection outsourcing company MorganAsh will begin tele-interviews on claims from next month in a move which is expected to speed up the payment of claims significantly.Instead of claimants filling out a claim form, a trained MorganAsh nurse will call them to determine their medical and financial situation.MorganAsh will then pro- duce a report, which will […]

Hudson-Lund in for Eppinger at IFDS

Simon Hudson-Lund is succeeding Charlie Eppinger as chief executive at International Financial Data Services. Currently chief operating officer, Hudson-Lund joined IFDS in 2003 as managing director.

Credit Suisse’s Toby Hogbin to join Martin Currie

Former Credit Suisse director of product development Toby Martin is joining Currie as global head of product development. He will join in early May, having been at Credit Suisse Asset Management since 2002. Prior to Credit Suisse he was at SLC Asset Management before its takeover by Credit Suisse and worked for Equitable Life for […]

Cardif buys Direct Life & Pensions

Cardif Pinnacle has bought Direct Life & Pensions in a bid to boost its protection business.DL&P will remain a standalone business and its 200 staff will continue at the firm’s base in Chichester.Skipton Building Society has sold its 75 per cent stake in the firm, which offers life, critical-illness and income protection products direct to […]


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