Sesame has appointed Paul Rignall as mortgage product manager, joining from St James’s Place where he was mortgage marketing manager.He replaces Andy Young who left for TBMC in April. Rignall was responsible for mortgage and general insurance at SJP and he previously worked for Zurich. Rignall will be responsible for management and development of Sesame’s mortgage proposition. Sesame has written around 14bn in mortgage business. Its most recent venture has been to introduce an equity-release brochure to address concerns of advisers over lifetime mortgages. Rignall says: “I am very exc- ited at the prospect of joining one of the biggest players in the UK mortgage market.” Sesame head of product management Andrew Oliver says: “Paul will be instrumental in helping to increase volumes steadily and oversee the way in which we manage the needs of our registered individuals. “We will continue to help maintain the levels of business they are writing, help to broa- den portfolios and efficiently use technology while work- ing closely with lenders.”
Britannia building society is cutting its standard variable rate by 25 basis points.The rate, reduced from October 1, will drop from 6.35 per cent to 6.10 per cent, and will be available for new and existing borrowers.Britannia managing director of member business Tim Franklin says: “The reduction will result in savings for our members. Britannia […]
Morley has appointed Robert Graham-Brown as a fund manager to its North American equities team. He joins from Threadneedle where he was a US equity fund manager.Graham-Brown will join in October and report to head of North American Equities, Penny Kyle.
Insurers’ traditional methods of identifying likely fraudsters are outdated, discriminatory and cost the industry millions of pounds, says specialist fraud solutions provider Absolute Customer Management. Traditionally, insurers use red flagging which covers issues such as race, gender and the area in which a claimant lives. Absolute says this often means that young men, especially those […]
Sam Shaw examines the new chartered financial planner status
Those with decent-length memories will recall that in the 2014 Budget statement George Osborne announced the new (and entirely unexpected) pension freedoms. The new rules come fully into force in less than two weeks.
- Top trends
News and expert analysis straight to your inboxSign up
Latest from Money Marketing
The Financial Services Compensation Scheme has declared self-invested personal pension operators Stadia Trustees, Brooklands Trustees and Montpelier Pension Administration Services in default. The lifeboat fund has received around 150 claims for compensation relating to the three businesses. Those claims relate to how the businesses set up, operated and administered Sipps through which people invested in […]
The Department for Work and Pensions has confirmed it will not change the pensions triple lock and will explore bolstering the powers of The Pensions Regulator in the forthcoming legislative period. The DWP published its “single departmental plan” yesterday, which sets out five objectives it is working towards over the next four years. It has […]
Sam Seaton talks about how her interest in people affects her approach to technology