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Insurers’ traditional methods of identifying likely fraudsters are outdated, discriminatory and cost the industry millions of pounds, says specialist fraud solutions provider Absolute Customer Management.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 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 […]