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Ring takes over at Unum Provident

Unum Provident operations director Susan Ring is to succeed Lawrence Churchill as chairwoman and managing director of the disability specialist after he was headhunted by Zurich Financial Services.

She will take immediate control at the UK arm of the US giant, which is best known in the UK for its group and individual income protection and group critical-illness products.

Earlier this year, it entered the individual CI market with its tiered product Elixia 123, which, while originally receiving mixed reviews, is now a big seller with IFAs.

Ring has been with Unum since 1995, when she joined as director of customer service. She was made operations director in 2000.

US parent Unum Provident Corporate chairman Harold Chandler says: “Susan brings vision, leadership and strong management skills to the UK operation. She has been with our company for several years and has achieved much during her tenure with Unum Provident.”


Gartmore picks product chief

Fund manager Gartmore has appointed David Middleton as head of commercial development. He is joining from Coutts Group, where he is commercial director and responsible for all product development with the private client bank. Middleton joins Gartmore in early 2003 and will take control of all product development.

Premier diversifies into property

The Premier diversified property fund is an offshore Oeic that is designed for experienced investors who want to invest in UK commercial property. The fund aims for capital growth but investors can take up to 7.5 per cent of the fund&#39s value each year as income. however, if they exceed the limit during the first […]

&#39CA&#39s endowment campaign is futile&#39

Compliance experts The First Financial Consultancy is branding the Consumers&#39 Association endowment campaign aimed at prompting consumer complaints as “futile”. The claim comes as ProAct Legal Solicitors LLP sets up a website to help IFAs who have had letters of complaint. TFFC says by providing an all-embracing template letter for complaints, the CA has shot […]

Davies is set to play Santa with polar rules

IFAs may be getting a Christmas gift from FSA chairman Howard Davies as the latest prediction for the date of publication for draft rules on polarisation is December 24. It has been expected that the rules would be published before the end of the year but industry sources believe they will be made public on […]


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