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Roggemann appointed to Friends Prov and F&C boards

Gerhard Roggemann has been appointed non-executive director on both the Friends Provident and F&C Asset Management boards.

Roggemann is currently a non-executive director of Deutsche Börse and
vice chairman of Hawkpoint Partners Europe where he is responsible for the development of its German business.

His previous board appointments include AXA Lebensvericherungs, AXA Kapitalanlagegesellschaft, Deka Bank, Fresenius, Hapag Lloyd and VHV Holding.

Friends Provident chairman Sir Adrian Montague says: “I am delighted to welcome Gerhard to the board. He brings a fresh perspective and considerable financial expertise in asset management, banking and insurance as well as a wealth of experience from working within the German and Asian markets. These will prove invaluable to the Friends Provident Group, particularly as we develop our international dimension. We very much look forward to working with him.”


EuroCape offers second bite of the cherry

EuroCape has teamed up with Acorn Corporate Finance for EuroCape Property Finance II, an exempt unit trust investing in secured bridging and development finance for property projects in the UK, Europe and South Africa. The fund is also available as a limited partnership.

Panel calls for commission ban

The Financial Services Consumer Panel has called for a ban on commission payments to advisers but also warned that sales bias must be eradicated. Speaking on the release of its annual report, FSCP chairman John Howard says this is a “vital opportunity” to change the face of retail financial services and avoid future misselling scandals.


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