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Riddoch moves in shake-up

Clerical Medical financial services sales director Graeme Riddoch is moving within the HBOS group in a restructure of the intermediary division.

The review was instigated by Clerical parent firm HBOS which has changed Riddoch’s former role.

Clerical director of market development Keith Gilmour will take on Riddoch’s workload in the new role of director of intermediary sales.

National sales manager Dominic Grinstead has also seen his role displaced.

Clerical Medical Financial Services managing director John Hiew will retain respon- sibility for Clerical’s intermediary distribution and take on HBOS’s employee share serv-ices business.

A Clerical spokesman says: “Both Graeme and Dominic are working with HR to find them alternative roles within the HBOS group but where they will end up will depend on the individual. It probably will not be within Clerical Medical.”


SII encourages youths working in financial services

The Securities and Investment Institute is teaming with charity The Brokerage Citylink to raise the numbers of young inner city Londoners working in financial services. The SII is offering free places to 20 Brokerage students on its one day introduction to financial markets course. All 20 candidates expressed an interest in working within the banking […]

71% Of people contracted out will be worse off, says Which??

It has sent its findings, based on scrutiny of 108 individual cases, to Pensions Minister Stephen Timms and the FSA, calling the situation “a scandal”. Which? claims it found that 71 per cent who contracted out will only get 80 per cent of what they would have got if they had stayed contracted in. Editor […]

Fidelity gives lesson in saving

School leavers could face a shortfall of around 10,900 on university costs because parents save to meet higher education costs with cash rather than through shares, according to research from Fidelity International. The firm says a typical investment of 50 a month in the stockmarket over the past 18 years would have created a savings […]

Conference call-up

As the summer holidays come to an end, children prepare to return to school and the roads clog up in the mornings, there is time for reflection on the drive into Bri- stol every morning.


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